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For Sale

787-799 King Street W, Toronto

793 King Street W, Toronto, Toronto C01, ON M5V 1N4, CA

$12,250,000 CAD

Optimum investment opportunity with exceptional rental income . Seven (7) units in a Superb High Visibility Location. Busy Vehicle And Pedestrian Traffic. Also 7 dedicated underground parking spaces included. One Of The Hottest And Rapidly Developing Areas With Several New Condo Developments Nearby. In The Burgeoning Corridor Between King/Bathurst And Liberty Village. Steps away from new Bathurst subway station of the new TTC Ontario Line; AND the TTC streetcar Stops In Front. Includes 7 dedicated Underground Parking spaces . 132 feet frontage combined on King St W. Ownership is retiring. Annual NET revenue (NOI) $565,000 with escalations. Vendor Take Back mortgage is available at favorable terms and Low interest rate.

7,306 Sq.Ft. LIVING AREA

Features & Amenities

Area & Lot

Status For Sale
Living Area7,306 Sq.Ft.
Total Area7,306 Sq.Ft.
MLS® IDC13801702
TypeCommercial

Exterior

utilitiesYes
HEAT TYPEElectric Forced Air
AIR CONDITIONINGYes
security FeaturesYes

Financial

Sales Price$12,250,000 CAD
Real Estate Tax $74,897 CAD/yr

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Contact Details

Harvey Kalles - Commercial Real Estate

Phone

(416) 441-2888

[email protected]

Address

2145 Avenue Rd Toronto, ON M5M 4B2

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