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Home ON Greater Toronto Area Toronto Old Toronto Wallace Emerson
1264 BLOOR STREET W
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1264 BLOOR STREET W $2,948,888
$2,948,888
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1264 BLOOR STREET W
Toronto (Dovercourt-Wallace Emerson-Junction), Ontario M6H1N8

MLS® Number: W9307270

Listing Description

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. (36692605)

Location Description

Bloor & Lansdowne

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Community Name
Dovercourt-Wallace Emerson-Junction
Land Size
25 x 100 FT
Annual Property Taxes
$20,610
Time on REALTOR.ca
101 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water

Measurements

Square Footage
5000 sqft

Land

Lot Features
Frontage
25 ft
Land Depth
100 ft
Other Property Information
Zoning Description
CR3(c1;r2*1556)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
MARIOS GEKOPOULOS