Amazing opportunity to own a versatile mixed-use CORNER property. Perfect for investors, developers, or business owners. This high-exposure location offers multiple possibilities, from commercial use to residential redevelopment. Spacious lot with RA zoning, allowing for Residential Apartment development up to six stories.This property is located in Humewood-Cedarvale, a thriving area known for its mix of residential and commercial activity. Conveniently close to public transit, major roads, parks, and shopping centers. Ideal for businesses looking for strong foot traffic and exposure and for residential dwelling units for public transits. Main floor & basement has a convenience store that has been successfully operated for 45+ years with strong foot traffic and exposure. And the 2nd & 3rd floors are a 2-bedroom apartment with a separate side entrance. Enjoy the additional potential income from a large parking area at the rear. This sale includes both the business and the property all together. An excellent choice for investors looking to capitalize on Toronto market. Whether you are seeking rental income, commercial success, or long-term development potential, This is a property with endless potential possibilities.
MLS# | C12036408 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 29 |
Listing Provided By | HOMELIFE LANDMARK REALTY INC. | C12036408 063000 |
Bath(s) | 2 |
---|---|
SQ Feet | 1,692 |
Acreage | 0.04 |
Province | ON |
---|---|
County | Toronto |
City | Toronto C03 |
Postal Code | M6C 2M2 |
Area | Humewood Cedarvale |
Listing VS Median (In M6C 2M2) | |
Price: $2,890,000 low | high Med: $2,890,000 SqFt: 1,692 low | high Med: 1,692 $ / SqFt: $1,708 low | high Med: $1,708 On site: 29 low | high Med: 29.000000 |