
Toronto W06, ON M8V 2R5
Property being sold on an "as-is, where-is" basis under power of sale provisions. Unique opportunity to acquire a substantially renovated 4-storey building with ground floor/basement commercial space and 18 apartment units on upper floors. The approximately 25,000 square foot site also has zoning approvals and servicing in place for the development 12 townhouse units on the rear of the lot. Preliminary steps have been taken to explore up-zoning the development to a mid-rise development. The property is located directly across the street from the Mimico GO Station and is a short walk to shops and restaurants on Royal York.
TRREB MLS® Attribution
MLS® W13052628
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$47,361
/month · $7,759,200 mortgage
Amortization
Total Interest
$6,449,249
Total Cost
$14,208,449
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP