Prime Signalized Corner Property. Southeast corner of Bloor & Manning. Well-located along Bloor Street West. Easily managed single-tenant investment. Approximately 1,000 square feet of ground floor area, plus a full basement. The roof was replaced in December 2013. The existing tenant has occupied this building since 2012. The lease term expires December 31, 2027. The tenant has a 1 x 5 option to extend. Realty Taxes, Property Insurance and Operating Expenses are recovered from the tenant. Net Operating Income is: $75,000.00. Possibility of a future patio adjacent to the building. This corner property allows for maximum retail exposure and excellent pedestrian and vehicular access. 2 blocks east of Christie TTC Subway Station. Properties such as this are rarely available. This is much better than purchasing a retail condominium as an investment!!! The owner may consider VTB with 50% down. Do not go direct. Do not disturb the tenant. (40056727)
BLOOR/MANNING (SOUTHEAST CORNER)
Land Size
Bldg=20.19 x 49.92 FT
Annual Property Taxes
$14,662.46 (CAD)
Time on REALTOR.ca
22 days
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