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Home ON Greater Toronto Area Toronto Old Toronto Harbord Village
563 BLOOR STREET W
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563 BLOOR STREET W $5,400,000
$5,400,000
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563 BLOOR STREET W
Toronto (University), Ontario M5S1Y6

MLS® Number: C12009737
3
Bathrooms
2336
Square Feet

Listing 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. (40011405)

Location Description

Bloor St West and Bathurst St

Property Summary

Property Type
Retail
Square Footage
2336 sqft
Community Name
University
Land Size
Bldg=21.5 x 106.91 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$32,020.63
Time on REALTOR.ca
46 days

Building

Bathrooms
Total
3
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
2336 sqft
Exterior Building Size
2336 sqft

Land

Lot Features
Frontage
21 ft ,6 in
Land Depth
106 ft ,10 in
Other Property Information
Zoning Description
CR3 (c2; r2.5)*2395)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
TED TSANAS