Completely Renovated Building & Turnkey Investment Opportunity. Full Building Renovation: Recently renovated from top to bottom with quality finishes andmodern upgrades throughout. European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior Upgrades: New kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning Certificate for Multiplex: Includes a zoning certificate (valued at $60,000) allowingfor a multiplex addition. Ideal opportunity for CHMC financing to support future constructionor expansion. Building ConfigurationCommercial Unit: Ground-level storefront (approx. 1,000 sq. ft.) ideal for retail or officeuse. Residential Units: 2-Bedroom Apartment on the 2nd floor1-Bedroom Apartment Bachelor Unit Basement Storage: Additional storage space available at the rear of the building. Access & Infrastructure: Newly paved laneway behind the property for convenient access anddeliveries. Monthly Rental Income Commercial Unit (Storefront): $3,000/month1st Floor Rear Apartment (1-Bed): $1,600/month 1st Floor Middle Apartment (Bachelor): $1,320/month 2nd Floor Apartment (2-Bed Estimated): $1,950/month ?? Total Monthly Income: $7,870 ?? Annual Gross Income: $94,440 (id:59911)
MLS® Number | W12189360 |
Property Type | Retail |
Neigbourhood | Weston-Pelham Park |
Community Name | Weston-Pellam Park |
Amenities Near By | Public Transit |
Parking Space Total | 2 |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 1,800 Ft2 |
Type | Residential Commercial Mix |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Size Depth | 103 Ft |
Size Frontage | 15 Ft ,3 In |
Size Irregular | 15.32 X 103 Ft |
Size Total Text | 15.32 X 103 Ft |
Zoning Description | Commercial / Residential |
Granit Nenada
Salesperson
(416) 901-8881
www.sharonsoltanian.com