$2,948,888
FOR SALE

Investment

Lot: 25 x 100 ftTotal Area: 5,000 ft2
2024 Taxes: $20,610

1264 Bloor St W
Toronto, ON M6H 1N8 | Dovercourt-Wallace Emerson-Junction

Discover A Premier Investment Opportunity At 1264 Bloor St W, A Mixed-Use Gem Offering Substantial Potential And Immediate Returns. This Corner Building Boasts Four Beautifully Renovated Residential Apartments And Three Strategically Positioned Commercial Units, Generating An Impressive Net Operating Income Of Approximately $140,000. With A 4.70% Cap Rate And Below-Market Rents, This Property Presents A Rare Chance To Elevate Your Portfolio With A Turn-Key Investment Poised For Growth. Located In One Of Toronto's Most Dynamic Neighbourhoods, 1264 Bloor St W Is Surrounded By A Thriving Community Rich In Culture And Convenience. The Property Benefits From A Constant Flow Of Both Vehicular And Pedestrian Traffic, Ensuring High Visibility And Steady Business For Commercial Tenants. The Proximity To Multiple Subway Stations And Excellent Transit Options Makes It Highly Accessible, Adding To Its Appeal For Residential Tenants. Blvd Parking Provides Additional Convenience For Both Residents And Customers.The Residential Apartments Have Been Tastefully Renovated Within The Last 12 Years, Offering Modern Amenities That Attract Quality Tenants. With Current Rents Below Market Value, There Is Potential To Increase The NOI, Reaching A 5.65% Cap Rate. This Property Is Ideally Positioned To Capitalize On The Area's Ongoing Growth And Development.An Appealing Building In A Bustling Location, 1264 Bloor St W Offers A Unique Blend Of Stable Income And Future Potential (Including Development Potential), Making It An Ideal Investment For Savvy Investors Looking To Expand Their Portfolio In One Of Toronto's Most Vibrant Areas. Don't Miss Out On This Opportunity To Own A Piece Of Prime Real Estate In A Highly Sought-After Community.
Extras
Marketing Package Available Upon Request.
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Listed By ROYAL LEPAGE URBAN REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9307273
Last Updated Sep 09, 2024
Property Summary
Property Type Investment

More like this:
Category Retail
PIN 213110557
Occupancy Tenant
Possession Date IMM/TBA
Taxes (2024) $20,610
Tax Type Annual
Directions/Cross Streets Bloor & Lansdowne
Neighbourhood Dovercourt-Wallace Emerson-Junction
Area Toronto
Price History

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Detailed Information
Freestanding N
Lot 25 x 100 ft
Office/Apt Area 2,850 ft2
Total Area 5,000 ft2
Elevator None
Air Conditioning Y
Basement Y
Garage Type Boulevard
Heat Type Other
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning CR3(c1;r2*1556)
Seller Property Info Statement N

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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