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$ 3,950,000
Est. payment | /mo
5,000 SqFt
$ 3,950,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $790
Municipality Toronto C01
Subdivision University
MLS Listing ID C13752642
Annual Tax Amount $18,892
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Old world charm meets a modern addition in this exceptional, fully tenanted investment property, just steps from the University of Toronto, in a location that simply cannot be better. Lovingly owned and meticulously maintained by the same owners for nearly two decades, with no corners cut, the property is now ready to pass the torch to a new generation of ownership. The property comprises a beautiful detached Victorian building fronting on Harbord Street, together with a modern, newly constructed two-unit residential building at the rear with convenient laneway access. The front building features an established fine-dining restaurant on the main floor that has been ranked among Canada's top 20 restaurants, a boutique music school in the lower level, a two-bedroom apartment on the second floor, and two one-bedroom loft-style apartments on the third floor. The rear addition offers a one-bedroom apartment and a spacious three-bedroom loft apartment with two large balconies. Fully occupied by stable, long-term AAA+ tenants and generating a strong income stream with an impressive cap rate. 2 Parking. Ideally located close to TTC, shops, cafés, fine dining and professional offices.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available None
Lot Frontage 21.0
Lot Depth 115.0
Others
Security Features No
ParcelsYN No
Listed by FOREST HILL REAL ESTATE INC.
Nearby Locations
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