$3,415,000
Properties with this icon are courtesy of
TRREB.
Rare opportunity to secure an institutionally managed commercial asset on one of the busiest stretches of Chinatown, steps to University of Toronto Campus. The property is 100% leased. The ground floor is a fully fixtured restaurant occupied by Rol San Restaurant, a neighbourhood staple and the second floor is Mr. 8 Billiards. The property benefits from landlord termination rights and under market leases. Further upside through future development assembly with multiple development applications submitted in the surrounding area due to future Ontario Line stop to the South. The total building area is 5,027 Square Feet; 3,416 SF Above Grade, plus 1,611 SF of basement space. Priced at a 5.65% cap rate!
- HoldoverDays: 90
- 房屋种类: Commercial
- 房屋子类: Investment
- 纳税年度: 2024
- Cooling: Yes
- HeatType: Gas Forced Air Closed
- 下水道: Sanitary+Storm Available
- 建筑面积 (总): 5027
- 建筑面积单位: Square Feet
- LotSizeUnits: Feet
- LotDepth: 100
- LotWidth: 18.66
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