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283 Augusta Ave

Toronto, ON M5T 2M1
  • $2,250,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: C5748155
UPDATED: 21 min ago
$2,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

Description

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.

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Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Sotheby's International Realty Canada. 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. Date last updated: 2022-09-24T15:41:02.35.
www.bluemountainproperty.ca/homes/132632456
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283 Augusta Ave Toronto, ON M5T 2M1

  • Price: $2,250,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 21 min ago
  • MLS #: C5748155
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Kensington-Chinatown
County:
Ontario
Area:
Toronto C01
Property Description
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.
Exterior Features

Area Influences Public TransitSubways Freestanding No Garage Type None Lot Depth 63.39 Lot Front 15.06 Lot Size Code Feet

Interior Features

Air Conditioning N Basement Y Elevator None Heat Type Gas Forced Air Closd Office Apartment Area 1221 Office Apartment Area Code Sq Ft Retail Area 1475 Retail Area Code Sq Ft Total Area 2692.00 Total Area Code Sq Ft

Property Features

Category Store With Apt/Office Commercial Type Store W/Apt/Office Cross Streets Oxford St. And Augusta Ave. List Price Type For Sale Lot Code Lot Occupancy Tenant Sale Or Lease Sale Seller Property Info Statement No Sewer San+Storm Avail Sprinklers N Tax Year 2022 Taxes 10813.78 Taxes Type Annual Utilities A Water Municipal Zoning Cr 2.0 (C2.0; R1.5) Ss2 (X2457)

Listing courtesy of Right At Home Realty, Brokerage.
Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Sotheby's International Realty Canada. 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. Date last updated: 2022-09-24T15:41:02.35.
 
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