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2340 Bloor Street W, Toronto

$1,750,000

Status

For Sale

Price

$1,750,000

Category

Commercial

Size

1,964 SF

Baths

3

Neighbourhood

Runnymede-Bloor West Village, Toronto

Address

2340 Bloor Street W, Toronto, ON

About this listing

Prime Bloor West Village Mixed-Use Asset with Proven Stability & Immediate Upside. Exceptional opportunity on one of Toronto's premier retail corridors with high visibility and incredible pedestrian traffic. This two-storey building features a 962 sq. ft. main-floor retail unit currently occupied by a AAA tenant (Second Cup) with a highly secure 40+ year tenancy history in the 2nd year of a 10-year lease. Value-add potential lies in the vacant 1,002 sq. ft. 3-bedroom upper apartment with a projected market rent of $3,000/month. Plus, a spacious rear patio space for an additional seating area and 1 dedicated parking space. Ideally zoned CR (Commercial Residential), it provides exceptional flexibility for a variety of mixed-use applications and long-term redevelopment opportunities. The perfect acquisition for investors seeking a well-established commercial asset in the highly desirable Bloor West Village market. Rarely available opportunity and first time on the market in 50+ years!

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD., distributed via CREA’s REALTOR.ca® Data Distribution Facility. Gitalis Real Estate is not the listing brokerage, we’re happy to represent you as your agent on this property.