1281 Weston Rd - Storefront Retail/Residential FOR SALE


Toronto, ON M6M 4R2- Mount Dennis
$949,900 CAD
416-788-7308
1281 Weston Rd, Toronto, ON for Sale
$949,900 CAD
Storefront Retail/Residential - FOR SALE
1/4
null | 6% Cap Rate

1281 Weston Rd
Toronto, ON M6M 4R2
Mount Dennis


HIGHLIGHTS

  • High Exposure Location
  • Access to Highways
  • Access to Public Transit
  • Heavy Daytime Foot Traffic
  • Professional Sale
  • Suited for retail/professional servies

OVERVIEW

Versatile Commercial & Residential Opportunity Near Future Mount Dennis Transit Hub! This semi-detached property on a 25 X 110 Ft Lot, offers incredible flexibility for investors, end-users, or business owners. Located in a rapidly revitalizing area, it features two self-contained units, each with a private entrance. Live in one unit while renting out the other, run a business from home, or lease the entire property endless possibilities. The main floor includes a modern kitchen with walk-out to back deck, 3-piece washroom, laundry, living room and a street-facing office (or bedroom). The finished basement has an open-concept living room and bedroom area with its own laundry hookup, and 3-piece washroom. The upper unit has 1-bedroom, an updated kitchen, 4-piece washroom, and a bright open-concept living space. A large covered back patio provides a great space to relax, with ample storage. Parking for at least four cars is available via both the front and rear laneway. Recent upgrades include furnace, central AC, roof, and an owned hot water tank. This updated property is a turn key investment for end-users or investors (6% cap rate on projected NOI). A prime opportunity in a high-growth, well connected area.

FOR SALE DETAILS

PRICE

$949,900 CAD

PRICE/SF

$545 CAD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,750 SF

ZONING

CR

APN/PARCEL ID

191406111000500

ASK ABOUT THIS PROPERTY

Bram ZeidenbergRoyal LePage Estate Realty - Capital City RealtyMore Info
416-788-7308

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Bram ZeidenbergRoyal LePage Estate Realty - Capital City RealtyMore Info
416-788-7308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.