Active
1264 Bloor St W
Toronto Ontario, M6H 1N8
C$2,948,888
Active
Commercial
Discover A Premier Investment Opportunity At 1264 Bloor St W, A Mixed-Use Gem Offering Substantial Potential And Immediate Returns. This Corner Building Boasts Four Beautifully Renovated Residential Apartments And Three Strategically Positioned Commercial Units, Generating An Impressive Net Operating Income Of Approximately $140,000. With A 4.70% Cap Rate And Below-Market Rents, This Property Presents A Rare Chance To Elevate Your Portfolio With A Turn-Key Investment Poised For Growth. Located In One Of Toronto's Most Dynamic Neighbourhoods, 1264 Bloor St W Is Surrounded By A Thriving Community Rich In Culture And Convenience. The Property Benefits From A Constant Flow Of Both Vehicular And Pedestrian Traffic, Ensuring High Visibility And Steady Business For Commercial Tenants. The Proximity To Multiple Subway Stations And Excellent Transit Options Makes It Highly Accessible, Adding To Its Appeal For Residential Tenants. Blvd Parking Provides Additional Convenience For Both Residents And Customers.The Residential Apartments Have Been Tastefully Renovated Within The Last 12 Years, Offering Modern Amenities That Attract Quality Tenants. With Current Rents Below Market Value, There Is Potential To Increase The NOI, Reaching A 5.65% Cap Rate. This Property Is Ideally Positioned To Capitalize On The Area's Ongoing Growth And Development.An Appealing Building In A Bustling Location, 1264 Bloor St W Offers A Unique Blend Of Stable Income And Future Potential (Including Development Potential), Making It An Ideal Investment For Savvy Investors Looking To Expand Their Portfolio In One Of Toronto's Most Vibrant Areas. Don't Miss Out On This Opportunity To Own A Piece Of Prime Real Estate In A Highly Sought-After Community.
W9307270
MLSⓇ ID
October 2, 2024
Updated
Map
1264 Bloor St W
Toronto Ontario, M6H 1N8
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.06 Acres
Other Property Details
Area Name
Dovercourt-Wallace Emerson-Junction
Taxes
$20,610
Tax Frequency
Annually
Garage
No
Parking
Boulevard
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Zoning
CR3(c1;r2*1556)
Courtesy of Listed by , ROYAL LEPAGE URBAN REALTY,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 2:27 AM UTC, 10/2/2024