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.