817 Bloor Street W, Toronto C01, ON

$2,799,000

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About 817 Bloor Street W

6.5% CAP RATE - Commercial/Residential-a-rare acquisition opportunity in this rapidly developing area of Bloor St. - investors, owner-users, renovators, builders - Great upside potential. Residential mortgage attainable. Seconds to 2 subway stations, Perfect location for young professionals and university students to rent. Since 2009 it has been fully occupied. Never been on the market until now! Very low property taxes. Few 3 storey buildings along Bloor Street. As a right to build an additional storey. Agent or owner does not warrant the retrofit status, Each residential unit has an interior balcony. Fully usable walkout. basement. Building is attached only on one side. Residential 3rd floor unit has a large sky light.New roof installed September 2024 with 10 year warranty

Features of 817 Bloor Street W

MLS® # C8470600
Price $2,799,000
Bathrooms 0.00
Acres 0.00
Type Commercial
Sub-Type Store W Apt/Office
Status Active

Community Information

Address 817 Bloor Street W
Area Toronto
Subdivision Palmerston-Little Italy
City Toronto C01
Province ON
Postal Code M6G 1M1

Amenities

Features 3 fridges, 3 stoves, 1 washer, 1 dryer- 2 furnaces (gas high efficiency and gas hot water boiler) -HWT (rental), 3 hydro meters all updated electrical, approx. 80 pots lights installed. Plumbing all updated
Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling Yes
Fireplace No

Listing Details

OfficeNEW ERA REAL ESTATE

Listing Map

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