563 Bloor ST W, Toronto C01, ON M5S 1Y6
563 Bloor ST W, Toronto C01, ON M5S 1Y6
563 Bloor ST W, Toronto C01, ON M5S 1Y6
563 Bloor ST W, Toronto C01, ON M5S 1Y6
563 Bloor ST W, Toronto C01, ON M5S 1Y6
563 Bloor ST W, Toronto C01, ON M5S 1Y6
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Peter Velentis

Peter Velentis

+1(647) 287-1509
-
Est. payment | /mo

3 Baths

2,335 SqFt

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-
Est. payment | /mo
Save Virtual Tour

3 Baths

2,335 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,335 sqft

Municipality Toronto C01

Subdivision University

MLS Listing ID C12467579

Annual Tax Amount $32,020

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

An Exceptional Commercial Investment Opportunity Awaits In The Heart Of Toronto's Highly Sought-After Annex Neighborhood, With Proximity To The University Of Toronto's St. George Campus. This Three-Story Building, Complete With A Basement, Offers Immense Potential For Savvy Investors Looking To Capitalize On The Prime Location And Vibrant Surrounding Area. The Building Features Two Spacious, Well-Maintained Apartments On The Second And Third Floors, Offering Consistent Rental Income Potential Or The Opportunity For Conversion Into Higher-End Residential Units. One Of The Units Is Currently Used As An Office Space. On The Main Floor, You'll Find A Thriving, Fully Operational Restaurant, Benefiting From Unparalleled Visibility And Foot Traffic In This Bustling Urban Area. The Restaurant Attracts A Steady Stream Of Customers, Including University Students, Faculty, And Local Residents, Making It A Prime Spot For Continued Success Or Potential Repositioning. The Full Basement Provides Valuable Storage Space, With Potential For Additional Development To Further Maximize The Property's Value. This Property Is Ideally Situated Near Transit, Dining, Shopping, And Cultural Hotspots, Placing It At The Center Of A Rapidly Growing And Dynamic Community. With The University Of Toronto's St. George Campus Just Steps Away, The Location Offers Long-Term Growth Potential And A Unique Opportunity For Commercial Investors To Expand Their Portfolio In One Of Toronto's Most Vibrant Neighborhoods. Don't Miss Out On This Incredible Opportunity!

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Zoning CR3 (c2; r2.5)*2395)

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 21.5

Lot Depth 106.91

Building

Building Age 51-99

Others

Security Features Yes

ParcelsYN No

Virtual Tour https://www.youtube.com/watch?v=D15miwQvj7U

Listed by RE/MAX PREMIER INC.

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563 Bloor ST W

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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