Property overview
A residence that redefines waterfront communities c1 livingMixed-use investment opportunity in Toronto's King West/Fashion District. The main floor and basement provide retail commercial space, with one residential unit on each of the second and third floors. Both residential units have been recently updated; the second-floor unit is expected to be vacant by November 30. Annual income is approximately $141,000, providing strong holding income and a reported cap rate above 5%. The property's historic character and Adelaide Street West location add long-term appeal. Potential for future redevelopment or adaptive reuse, subject to heritage requirements?merolinx approval and municipal approvals. One year FREE Property Management included, Ask LA for details. NOTE: One seller is a Registered Real Estate Saleperson. 2421 sq feet (2949 including basement)
Property photo
GalleryFinancing
Mortgage CalculatorC$ 420,000
Estimated monthly payment
C$ 10,067
Estimate only. Verify with a qualified broker.
Verified platform reviews
Google reviews4.9
124 reviews · Google
Pavel was extraordinary from first contact to transfer. He understood exactly what we were looking for and never once…
Read moreCalm, sharp and endlessly patient. He never once pushed us into a decision we were not ready for. Highly recommend.
Read moreSold above asking in a soft market. Staging advice alone paid for itself several times over. Deeply professional.
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