2696 sqft
$2,250,000
Investment Opportunity In The Heart Of Kensington Market! Building Is Fully Tenanted. With Main Floor Retail Space, 2-Storey Residential Apartment On 2nd & 3rd Floor With A Beautiful Patio Featuring City Views. Lower Level Retail Space Has And Is With Storage.Very Well Maintained Building With A Completed Newer Roof. Significantly Under Market Rents With Renewals Approaching, Opportunity To Increase Cap Rate Over 5%. Current Cap Rates Sitting At Around 4%.**** EXTRAS **** Popular Neighbourhood With Excellent Pedestrian & Car Traffic, Variety Of Restaurants, Boutique Shopping, Cafes & More. Just Steps To Queens Park, U Of T St. George Campus, Ttc & Subway. Sq Ft Includes Rear Covered Addition/Balcony. (id:50976)
Property Details
|
MLS® Number
|
C5959349 |
|
Property Type
|
Retail |
|
Community Name
|
Kensington-Chinatown |
|
Amenities Near By
|
Public Transit |
Building
|
Size Interior
|
2696 Sqft |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Size Irregular
|
15.06 X 63.39 Ft |
|
Size Total Text
|
15.06 X 63.39 Ft |
https://www.realtor.ca/real-estate/25352615/283-augusta-ave-toronto-kensington-chinatown
