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Est. payment | /mo
6,600 SqFt
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Est. payment | /mo
6,600 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Municipality Toronto W02
Subdivision Runnymede-Bloor West Village
MLS Listing ID W13753866
Annual Tax Amount $30,670
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Rare Bloor West Village Trophy Asset - A Retail Plaza In The Middle Of The City. Fully Tenanted 8-Unit Mixed-Use Corner Building At The Signalized Intersection Of Annette St & Runnymede Rd: 4 Retail Storefronts + 4 Residential Apartments (~5,800 Sf Total) On A Large Corner Lot With ~138 Ft Of Prime Exposure On Two Arterials. 100% Leased With A Long-Tenured, Complementary Service Tenant Mix. Two Commercial Leases Carry Contractual Annual Escalations Through 2030 - Organic Noi Growth With No Renewal Risk. Net Operating Income $189,009 (5.94% Cap At List), Growing To A 6.43% Cap Over 5 Years On Signed Contracts And Guideline Increases Alone; Market Rents Support A 6.91% Stabilized Cap. Recent Capital Improvements: Boiler (2024), Roof (2025). Steps To The Bloor West Village Retail Strip, Runnymede Ttc Subway Station And High Park; Quick Access To Downtown & Etobicoke Via The Gardiner. Official Plan: Mixed Use Areas; CR Zoning - As-Of-Right Permissions For Additional Height And Units Offer Long-Term Development Upside. Easy To Lease, Easy To Manage, Impossible To Replicate.
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Zoning CR 2.0 (c1.0; r1.5) Commercial Residential
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 44.83
Lot Depth 94.0
Others
Security Features No
ParcelsYN No
Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
Nearby Locations
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