Great and rare opportunity for a "new" building (totally gutted to the core) at a prime location in the heart of Old Chinatown. Vaulted Ceilings, sky lights, top of the line appliances and fixtures (recessed lit mirrors & defogger).....Fully leased retail @ premium rent with triple A tenants (upscale patisserie & trendy doggie yoga) on the main and lower levels. Luxuriously finished 2x 4 Bedrooms (with 2x Baths@) on the third and fourth levels (latter with a terrace). We left the residences vacant at new owner(s) discretion for possible lucrative short term rentals, university students or owner occupied dwellings. Flushed with natural lighting with CN tower and financial district views. Based on the demand and residential rates in the area, this prime investment opportunity can easily enjoy a full unrivalled 5%+ CAP. Highly visible via Dundas Street Car - close to Spadina and St.Patrick Station. Hop to Art Gallery of Ontario, Ontario College of Arts and Design (OCAD), Condo Towers and Village by the Grange and 52nd Division of Toronto Police Station in minutes. Public Parking a 2 minute walk. Hipness at its finest spilling off from Spadina and Queen West proper. Security cameras are installed. Owners will entertain VTB with substantial deposit/downpayment.
Under Contract:
None
Property Type:
Residential Condo & Other
Property Sub Type:
Detached Condo
Home Style:
3-Storey
Total Approx Floor Area:
3500-3749
Lot Shape:
Rectangular
Topography:
Flat
Exposure:
North South
Bedrooms:
8
Bathrooms:
6.0
Kitchens:
2
Bedrooms Above Grade:
8
Kitchens Above Grade:
2
Rooms Above Grade:
12
Zoning:
CR3
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
3 & 4
Balcony:
Open
Basement:
Finished with Walk-Out
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
HST Applicable To Sale Price:
In Addition To
Maintenance Fee:
$0
Maintenance fees include:
None
Taxes:
$19,535.69 /
2025
Assessment:
$- /
-
Toronto C01
Kensington-Chinatown
Toronto
Air Exchanger, Carpet Free, Countertop Range, ERV/HRV, Floor Drain, Separate Hydro Meter, Ventilation System, Water Heater Owned, Water Meter
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