563 Bloor Street W Toronto, Ontario M5S 1Y6

3 Bathroom 2,336 ft2
Fully Air Conditioned Other

$5,400,000

An exceptional commercial investment opportunity awaits in the heart of Toronto's highly sought-after Annex neighborhood, with proximity to the University of Toronto's St. George campus. This three-story building, complete with a basement, offers immense potential for savvy investors looking to capitalize on the prime location and vibrant surrounding area. The building features two spacious, well-maintained apartments on the second and third floors, offering consistent rental income potential or the opportunity for conversion into higher-end residential units. One of the units is currently used as an office space. On the main floor, you'll find a thriving, fully operational restaurant benefiting from unparalleled visibility and foot traffic in this bustling urban area. The restaurant attracts a steady stream of customers, including university students, faculty, and local residents, making it a prime spot for continued success or potential repositioning. The full basement provides valuable storage space, with potential for additional development to further maximize the property's value. This property is ideally situated near transit, dining, shopping, and cultural hotspots, placing it at the center of a rapidly growing and dynamic community. With the University of Toronto's St. George campus just steps away, the location offers long-term growth potential and a unique opportunity for commercial investors to expand their portfolio in one of Toronto's most vibrant neighborhoods. Don't miss out on this incredible opportunity. Contact us today to learn more and schedule a viewing! (id:50886)

Property Details

MLS® Number C12009737
Property Type Retail
Community Name University

Building

Bathroom Total 3
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Exterior 2335.77 Sqft
Size Interior 2,336 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 106 Ft ,10 In
Size Frontage 21 Ft ,6 In
Size Irregular Bldg=21.5 X 106.91 Ft
Size Total Text Bldg=21.5 X 106.91 Ft
Zoning Description Cr3 (c2; R2.5)*2395)

https://www.realtor.ca/real-estate/28001668/563-bloor-street-w-toronto-university-university

Contact Us

Contact us for more information

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Ted Tsanas
Broker

(416) 987-8000
www.southbrookbusiness.com/

RE/MAX Premier Inc.
9100 Jane St Bldg L #77
Vaughan, Ontario L4K 0A4

(416) 987-8000
(416) 987-8001

Mila Kuzmicka
Salesperson

(416) 987-8000

RE/MAX Premier Inc.
9100 Jane St Bldg L #77
Vaughan, Ontario L4K 0A4

(416) 987-8000
(416) 987-8001

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