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$2,199,000
Available - For Sale
Listing ID: C13417960
Located in one of the best locations in Kensington Market, directly across from Tom's Place and Blackbird Baking Co., and alongside Jimmy's Coffee, this fully renovated mixed-use property offers exceptional visibility and long-term value. The commercial space features impressive high ceilings, a new HVAC system, newly installed floor-to-ceiling store-front windows, and a new front entrance that creates outstanding street presence and curb appeal. Situated on one of the deepest lots in Kensington Market, the property offers significant future expansion potential. It is currently fully leased to a longstanding, high-quality retail tenant with approximately three years remaining on the lease. The residential apartment benefits from its own separate street entrance and private rear patio. Offering a cap rate of over 6%, this is a rare opportunity to acquire a premier income-producing asset in one of Toronto's most sought-after neighbourhoods.
Price $2,199,000
Taxes: $16,129.88
Tax Type: Annual
Occupancy by: Tenant
Address: 193 1/2 Baldwin Street , Toronto, M5T 1M1, Toronto
Postal Code: M5T 1M1
Province/State: Toronto
Legal Description: PT LT 37 PL D15 TORONTO AS IN CA773242;
Directions/Cross Streets: Augusta Ave & Baldwin St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Building Percentage: T
Total Area: 2,100
Total Area Code:  Square Feet
Office/Appartment Area: 1050
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: Part
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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CB METROPOLITAN COMMERCIAL LTD.

193 1/2 Baldwin Street , Toronto, M5T 1M1, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: x 134.99(Feet)
Approximate Age:
Tax: $16,129.88
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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