Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time!
MLS# | W9300271 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 133 |
Listing Provided By | CRESCENT REAL ESTATE INC. | Not Provided |
Bath(s) | 7 |
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SQ Feet | 12,421 |
State | ON |
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County | Toronto |
City | Toronto W02 |
Zip Code | M6S 3Z3 |
Area | Runnymede Bloor West Village |
Listing VS Median (in M6S 3Z3) | |
Price: $4,200,000 low | high Med: $124,500 SqFt: 12,421 low | high Med: 1,400 $ / SqFt: $338 low | high Med: $91 On Site: 133 low | high Med: 59.000000 |