Retail opportunity

The Opportunity

Overview

Located in a highly desirable area, this mixed-use property presents a unique opportunity for investors and business owners alike. Comprising 10 residential units and 2 commercial units, including a well-established restaurant, the property is poised for steady rental income and long-term growth. The 10 fully leased residential units provide consistent rental income, while the two vacant commercial spaces offer the opportunity for further revenue growth. With its HM-1 zoning, the property is highly versatile, offering opportunities for a range of commercial uses, from retail or office spaces. This flexibility, combined with the recent upgrades and well-maintained units, makes the property an attractive and sound investment. Street parking is available directly in front of the building for customers and visitors, and a 10-spot parking lot is located on the one side, and 2 parking spots on the right side rented at a cost of $50.00 per month accessible from Dalhousie Street, ensuring ample parking for residents and businesses alike. Whether you're looking to expand your portfolio or seeking a property with solid income potential and room for growth, this mixed-use building offers both immediate returns and future upside. (id:61970)

Investment highlights

1. 01Retail

Property details

Property type

Retail

Transaction

sale

Building area

15,000 square feet

Listing brokerage

ROYAL LEPAGE BRANT REALTY

Listing representative

JASON MICHAEL TANGORRA

Board / association

Toronto

Financial information

Location intelligence

Documents