294-296 College St - Storefront Retail/Residential FOR SALE


Toronto, ON M5T 1R9
$7,900,000 CAD
416-269-6747
294-296 College St, Toronto, ON for Sale
$7,900,000 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

294-296 College St
Toronto, ON M5T 1R9


OVERVIEW

Rare investment opportunity in the heart of downtown Toronto. Steps from University of Toronto, Chinatown and Kensington Market Income producing asset with great long term development potential Rental income: Second floor is occupied by national corporate Tenant in award winning constructed office space Ground floor retail: has been left vacant to allow for new retail leases for new buyer to secure Unit 2 – Currently occupied by month-to- month tenant and can be vacant on possession Unit 1 – Formerly occupied by virtual reality store Second floor office: Occupied by Kinka Management Inc. head office (corporate lease) Environmental Report: Phase 1 and Phase 2 from 2016

FOR SALE DETAILS

PRICE

$7,900,000 CAD

PRICE/SF

$891 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CR

APN/PARCEL ID

190406710001100

ASK ABOUT THIS PROPERTY

Dima MansourValue Insight RealtyMore Info
416-269-6747

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Dima MansourValue Insight RealtyMore Info
416-269-6747

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