1926 Bloor St W - Apartments FOR SALE


Toronto, ON M6R 2Z3- High Park North/Junction
$6,690,000 CAD
416-791-7203
1926 Bloor St W, Toronto, ON for Sale
$6,690,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1926 Bloor St W
Toronto, ON M6R 2Z3
High Park North/Junction


OVERVIEW

Introducing 1926 Bloor Street West, a rare investment opportunity in one of Toronto’s most sought-after neighborhoods. This 54-unit property, currently operating under a valid rooming house license, serves as an independent senior living residence, offering a range of services and amenities designed to enhance residents’ quality of life. With a prime location in High Park North, steps from High Park, major transit lines, and an array of retail, dining, and healthcare services, this asset presents multiple avenues for investors looking to capitalize on Toronto’s robust multifamily market. The property sits on an 8,611 sq. ft. lot with 50 ft. of frontage, zoned R (f12.0; d2.0) (x7). 1926 Bloor Street West is uniquely positioned for a range of investment strategies, including: • Continuing its current use as a senior living facility, benefiting from the growing demand for independent and assisted living options in Toronto. • Conversion to a traditional multifamily rental property, taking advantage of Toronto’s high rental demand and favourable market conditions. • Exploring redevelopment opportunities, leveraging the prime location for potential intensification. The demand for affordable rental housing and assisted senior living continues to rise, making this property an attractive option for both private and institutional investors. Toronto’s strong economic fundamentals, transit accessibility, and evolving rental market provide a compelling backdrop for long-term asset appreciation. This is a unique opportunity to acquire a well-located, income generating property in a dynamic and growing community. Whether as a long-term hold, value-add repositioning, or redevelopment project, 1926 Bloor Street West offers investors an exceptional chance to secure a high-quality asset in one of Toronto’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$6,690,000 CAD

PRICE/SF

$334 CAD /SF

# OF UNITS

16

PRICE/UNIT

$418,125

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High Park Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,999 SF

ZONING

R

APN/PARCEL ID

190401325008400

ASK ABOUT THIS PROPERTY

Dayma ItamunoalaColliersMore Info
416-791-7203

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Dayma ItamunoalaColliersMore Info
416-791-7203

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