563 Bloor Street W, Toronto, Ontario M5S 1Y6

Listed for:
$5,400,000
0 beds
3 baths
Listed 3 days ago
563 Bloor Street W, Toronto, Ontario M5S 1Y6

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Learn more about this property
Listing provided by:
RE/MAX PREMIER INC.
MLS® number:
C12009737
Agent:
Ted Tsanas
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About

Bloor St West and Bathurst St An exceptional commercial investment opportunity awaits in the heart of Toronto's highly sought-after Annex neighborhood, with proximity to the University of Toronto's St. George campus. This three-story building, complete with a basement, offers immense potential for savvy investors looking to capitalize on the prime location and vibrant surrounding area. The building features two spacious, well-maintained apartments on the second and third floors, offering consistent rental income potential or the opportunity for conversion into higher-end residential units. One of the units is currently used as an office space. On the main floor, you'll find a thriving, fully operational restaurant benefiting from unparalleled visibility and foot traffic in this bustling urban area. The restaurant attracts a steady stream of customers, including university students, faculty, and local residents, making it a prime spot for continued success or potential repositioning. The full basement provides valuable storage space, with potential for additional development to further maximize the property's value. This property is ideally situated near transit, dining, shopping, and cultural hotspots, placing it at the center of a rapidly growing and dynamic community. With the University of Toronto's St. George campus just steps away, the location offers long-term growth potential and a unique opportunity for commercial investors to expand their portfolio in one of Toronto's most vibrant neighborhoods. Don't miss out on this incredible opportunity. Contact us today to learn more and schedule a viewing! (id:27476)

Property Highlights

MLS® Number
C12009737
Type
Retail
Community Name
University
Land Size
Bldg=21.5 x 106.91 FT

Building

Square Footage
2335.77 sqft
Bathrooms Total
3
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale