Right at the Corner of Merivale and Woodward. Mix-use building with 3500 SF space spread over three levels. Large lot with 12 parking spots and the possibility of adding a few more at the front. TM Zone allows Retail or Office use. The Main and Lower floor was used as professional offices and Retail in the past. The second floor has a 2-bedroom Unit ( Approx 1000 SF) for owner occupancy/rent with a large balcony overlooking the parking area. The main floor is approx 1250 SF currently used as a professional office, lower level has approx 250 SF of commercial space and a unit at the back with a separate entrance that needs finishing up, before the reno project, it was a catering service. Future land assembly is possible. An assumable mortgage of $1.2M at 6% interest only - $6,500.00 maturing September 1, 2025 may be possible. (id:47421)
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Detailed Information
Lot
61 x 165 ft
Listing Contract Date
2024-07-29
Municipal ID
040010189
Ownership Type
Freehold
# of Parking Spaces
12
Property Type
Office
Transaction Type
For sale
Zoning Description
TM
Building
Land
Total Size
61 ft X 165 ft (Irregular Lot)
Size of Irregular Land
61 ft X 165 ft (Irregular Lot)
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