Message Number93525
statusActive
Subject LineTORONTO downtown, Store w/2-2Br. apartment, ask. $ 599,000, approx. 4000 Sf each floor. Excellent for owner user living above his business, High density area
Business area
Canada
Ontario
Southwestern Ontario
Location, CityToronto
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Business Opportunities
Farm or Ranch Land
Apartment buildings/multi unit/condo townhouse projects/investments
Exchange/1031
Date of ListingJanuary 26 2004
Type DescriptionBusiness/residence
LocationWest of Christie Park
Price$599,000.00
Price CommentGood investment
Building area4000
ZoningCommercial/Residential
Gross Income57,819
Expenses6080
Net Income51739
CommentsSame owner for 70 years, time to retire, completely renovated. Store income $ 3,000 / month net. 20 year lease, lease will escalate 5 % per year and Apt 1-$ 987.05 + Apart 2-$ 831.20 /month. The apartment are rented under market. Therefore, the property have great potential to increase in value. it is locatated in Toronto downtown om Bloor St. West, Public transportation at door, close to parks, schools and all aminities.
Internet Links

All about Toronto
Client DetailsLender/Institutional
Client SituationToo Much Inventory
Clients ObjectiveRetire/Passive
Client Wants-- NONE --
Broker's RecommendationExcellent corner property
ControlExclusive
NameTony Habbaky
TitleBroker
Company NameIPRO REALTY Ltd., Brokerage
Address Line OneE101 1396 DON MILLS RD
CityToronto
State/ProvinceOntario
Zip/Postal CodeM3B 3N1
CountryCanada
Business Phone Number(416)364-4776
Cell Number416 - 722 9500
Home Number416 - 722 9500
Email AddressSend Email