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$ 4,299,000
Est. payment | /mo
$ 4,299,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto C08
Subdivision Moss Park
MLS Listing ID C13064182
Annual Tax Amount $29,987
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Strategic Downtown Toronto Corner First Time Offered in Over 50 Years. Rare opportunity to acquire a prominent commercial asset at the south-east corner of Jarvis and Richmond. This 7,204 SF mixed-use property offers an experienced investor immediate versatility: continue to enjoy stable income from established tenants, occupy with your own business or reposition the property to maximize market rents. The property benefits from exceptional visibility and high vehicular traffic counts, serving a dense, established population of high-rise residential and office users. Transit connectivity is excellent, situated within walking distance to the King Subway Station and the upcoming Ontario Line (Moss Park). Just minutes to Gardiner and DVP. With new developments proposed, including a new 50-storey tower application directly across the street, the property is positioned in a high-growth node with significant long-term potential. Ground floor comprises 1,392 SF retail across two units, and 1,448 SF presently used as office with potential for retail or service uses. The second floor has a tattoo shop and there is a vacant office space formerly occupied by a marketing agency which could be available immediately for your own use. The third floor has a live-work tenant and there is additional income from a rooftop sign. Over 114 feet of prime corner exposure across both Richmond Street East and Jarvis Street. Strictly no direct contact with tenants.
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 59.25
Lot Depth 55.04
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE ESTATE REALTY
Nearby Locations
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