ON
Toronto (University)
M5S1Y6
563 Bloor W Street
563 Bloor W Street, Toronto (University), ON M5S1Y6
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Listing Type
Commercial/Industrial
Listing Status
active
13
$5,400,000

Home Details for 563 Bloor W Street

Price
$5,400,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
3.0
Square feet
NaN
Parking
Days on site
197
Listing #
28001668
Property Description

An exceptional commercial investment opportunity awaits in the heart of Toronto's highly sought-after Annex neighborhood, with proximity to the University of Toronto's St. George campus. This three-story building, complete with a basement, offers immense potential for savvy investors looking to capitalize on the prime location and vibrant surrounding area. The building features two spacious, well-maintained apartments on the second and third floors, offering consistent rental income potential or the opportunity for conversion into higher-end residential units. One of the units is currently used as an office space. On the main floor, you'll find a thriving, fully operational restaurant benefiting from unparalleled visibility and foot traffic in this bustling urban area. The restaurant attracts a steady stream of customers, including university students, faculty, and local residents, making it a prime spot for continued success or potential repositioning. The full basement provides valuable storage space, with potential for additional development to further maximize the property's value. This property is ideally situated near transit, dining, shopping, and cultural hotspots, placing it at the center of a rapidly growing and dynamic community. With the University of Toronto's St. George campus just steps away, the location offers long-term growth potential and a unique opportunity for commercial investors to expand their portfolio in one of Toronto's most vibrant neighborhoods. Don't miss out on this incredible opportunity. (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Other
Listing Courtesy: RE/MAX PREMIER INC.
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1450 Clark Ave W. Unit 25, Thornhill, ON L4J 7R5
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