Three storey commercial/residential brick building; architectural details, facade and roof recently updated. Great potential and opportunity for investors to own versatile 2,800 sf (approx.) commercial residential investment property; commercial lease to be renewed at market rates in near future. Half usable basement, parking for 2 cars, extremely high ceilings throughout buildings; large commercial retail unit, 2 unusually large two bedroom apartments at 950+ sf with large deck off 2nd floor unit. Being sold with 1408 queen street west for a total of 5,700 sf see listing W9249035. The Cap Rate is over 4% **** EXTRAS **** 1406 Queen St W For Sale(W9249079) Totally 3 Buildings For Sale Together!(Lot 60*121ft) Prime, trendy block of Parkdale; rapidly developing hood, high demand location. Steps to galleries, fun retail stores, restaurants, See 3 listings (id:50886)
MLS® Number | W9249044 |
Property Type | Retail |
Community Name | South Parkdale |
AmenitiesNearBy | Public Transit, Recreation |
ParkingSpaceTotal | 2 |
CoolingType | Partially Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 2880 Sqft |
Type | Residential Commercial Mix |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Public Transit, Recreation |
SizeDepth | 120 Ft |
SizeFrontage | 20 Ft |
SizeIrregular | 20 X 120 Ft ; Pt Lt 4-5 Pl 387 Parkdale As In Ca612453 |
SizeTotalText | 20 X 120 Ft ; Pt Lt 4-5 Pl 387 Parkdale As In Ca612453 |
ZoningDescription | Cr2.5(c1;r2*1766) Cr2.5(c1;r2*1792) |
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Jian J. Qiu
Salesperson