669 Bloor ST W Pending Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M6G 1L1
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $1,599
Subdivision Palmerston-Little Italy
MLS Listing ID C12023369
Annual Tax Amount $14,662
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Prime Signalized Corner Property. Southeast corner of Bloor & Manning. Well-located along Bloor Street West. Easily managed single-tenant investment. Approximately 1,000 square feet of ground floor area, plus a full basement. The roof was replaced in December 2013. The existing tenant has occupied this building since 2012. The lease term expires December 31, 2027. The tenant has a 1 x 5 option to extend. Realty Taxes, Property Insurance and Operating Expenses are recovered from the tenant. Net Operating Income is: $75,000.00. Possibility of a future patio adjacent to the building. This corner property allows for maximum retail exposure and excellent pedestrian and vehicular access. 2 blocks east of Christie TTC Subway Station. Properties such as this are rarely available. This is much better than purchasing a retail condominium as an investment!!! The owner may consider VTB with 50% down. Do not go direct. Do not disturb the tenant.
Location
Province ON
County Toronto
Community Palmerston-Little Italy
Area Toronto
Zoning CR2.5(C1;R2.0)SS2(X1438)
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 20.19
Lot Depth 49.92
Others
Security Features No