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563 Bloor Street W, Toronto, ON M5S 1Y6

Toronto C01, ON, M5S 1Y6 · University

3 Baths
Sq Ft
Commercial Retail Type
C12467579 MLS#

About this property

An Exceptional Commercial Investment Opportunity Awaits In The Heart Of Toronto's Highly Sought-After Annex Neighborhood, With Proximity To The University Of Toronto's St. George Campus. This Three-Story Building, Complete With A Basement, Offers Immense Potential For Savvy Investors Looking To Capitalize On The Prime Location And Vibrant Surrounding Area. The Building Features Two Spacious, Well-Maintained Apartments On The Second And Third Floors, Offering Consistent Rental Income Potential Or The Opportunity For Conversion Into Higher-End Residential Units. One Of The Units Is Currently Used As An Office Space. On The Main Floor, You'll Find A Thriving, Fully Operational Restaurant, Benefiting From Unparalleled Visibility And Foot Traffic In This Bustling Urban Area. The Restaurant Attracts A Steady Stream Of Customers, Including University Students, Faculty, And Local Residents, Making It A Prime Spot For Continued Success Or Potential Repositioning. The Full Basement Provides Valuable Storage Space, With Potential For Additional Development To Further Maximize The Property's Value. This Property Is Ideally Situated Near Transit, Dining, Shopping, And Cultural Hotspots, Placing It At The Center Of A Rapidly Growing And Dynamic Community. With The University Of Toronto's St. George Campus Just Steps Away, The Location Offers Long-Term Growth Potential And A Unique Opportunity For Commercial Investors To Expand Their Portfolio In One Of Toronto's Most Vibrant Neighborhoods. Don't Miss Out On This Incredible Opportunity!

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open
  • Sewer: Sanitary+Storm

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Bathrooms 3
Garage None
Heat Type Gas Forced Air Open
Cooling Yes
Sewer Sanitary+Storm
Annual Tax $32,021
Tax Year 2024

Building & Construction

Approximate Age
51-99
Building Area Total
2335.77

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
106.91
Lot Width
21.50

Financial & Tax

Tax Annual Amount
$32,021
Tax Year
2024
Possession Type
Immediate
Possession Details
Immediate

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Yes

Additional Details

Occupant Type
Owner
County Or Parish
Toronto
Cross Street
Bloor St West and Bathurst St
Directions
Bloor St West and Bathurst St
Showing Requirements
Showing System, List Brokerage

Location

563 Bloor Street W, Toronto, ON M5S 1Y6, Toronto C01, ON, M5S 1Y6

Listing courtesy of RE/MAX PREMIER INC.
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