Three storey commercial/residential brick building; architectural details, facade and roof recently updated. Great potential and opportunity for investors to own versatile 2,800 sf (approx.) commercial residential investment property; commercial lease to be renewed at market rates in near future. Half usable basement, parking for 2 cars, extremely high ceilings throughout buildings; large commercial retail unit, 2 unusually large two bedroom apartments at 950+ sf with large deck off 2nd floor unit. Being sold with 1408 queen street west for a total of 5,700 sf see listing W9249035. The Cap Rate is over 4% **** EXTRAS **** 1406 Queen St W For Sale(W9249079) Totally 3 Buildings For Sale Together!(Lot 60*121ft) Prime, trendy block of Parkdale; rapidly developing hood, high demand location. Steps to galleries, fun retail stores, restaurants, See 3 listings (id:374)
Mls | W9249044 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 117 |
Listing Provided By | HOMELIFE LANDMARK REALTY INC. | JIAN J. QIU |
Sq Feet | 2,880 |
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Zoning | Cr2.5(C1;R2*1766) Cr2.5(C1;R2*17 |
State | ON |
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City | Toronto (South Parkdale) |
Zip Code | M6K1L9 |
Listing VS Median (in M6K1L9) | |
Price: $1,899,000 low | high Med: $1,899,000 SqFt: 2,880 low | high Med: 2,880 $ / SqFt: $659 low | high Med: $659 On Site: 117 low | high Med: 117.000000 |