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Description
Opportunity knocks on Ossington! An exceptional chance to secure a mixed-use asset in one of Toronto's most vibrant and sought-after corridors. Surrounded by acclaimed restaurants, boutique retailers, and nonstop pedestrian traffic, this property offers premier exposure and lasting potential. The building features three income-producing units; a ground-floor and basement commercial space currently operating as a salon, along with two residential apartments, all generating strong existing rents. Both residential units can also be delivered vacant on closing, giving investors and end-users maximum flexibility to reposition, renovate, or expand the property to unlock additional value. Adding to the upside, the neighbourhood is experiencing significant redevelopment, with boutique condo projects and large-scale mixed-use revitalizations further driving demand and enhancing long-term property values. Steps to incredible dining, TTC, Queen West, Trinity-Bellwoods Park and much more. Whether held as a stable income investment or re-imagined through redevelopment and expansion, this property presents multiple paths for growth in one of Toronto's a most dynamic investment nodes.
Overview
Property ID:
HML-706195771948
Type:
Store W Apt/Office
Bedrooms:
4
Bathrooms:
4
Square:
2,750 ft2
Price:
$3,125,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Central Air
Heating:
Forced Air
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
16246.96
PossessionDetails:
60 Days
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