914 Bloor Street WestEND-USER OPPORTUNITY
|Location||North side of Bloor Street West, west of Ossington Avenue|
|Building Area||2,441 SF|
|Site Area||1,636.11 (16.40ft Frontage x 100.00ft Depth)|
|Sale Price||$ 2,290,000|
|NOI||$ 86,689.08 (2022 Pro-Forma)|
914 Bloor Street West presents a unique opportunity for an end-user or value-add investor to acquire a prime streetfront property in the heart of the Bloorcourt Village neighbourhood of Toronto situated adjacent to Ossington Station on the Line 2 Bloor–Danforth subway line. The area has established itself as one of Toronto’s hottest neighbourhoods for trendy restaurants, bars, and art galleries. Only 750 metres from the subject property, the Bloor St W & Dufferin St intersection is undergoing substantial residential and commercial densification.
The subject property is improved with a three-storey mixed-use building totalling 2,441 SF. The main floor unit (1,300 SF) is currently occupied by one ground floor commercial tenant – Varsity Deli – with a lease in-place until February 28, 2025 and a landlord termination right after December 31, 2023. The second level (1,141 SF) is a spacious 3-bedroom residential apartment complete with a considerable rear patio and is currently on a month-to-month lease.
The offering presents an excellent opportunity for an investor seeking a premier, well-located asset with a combination of stable in-place contractual income and further upside growth potential underscored by transit accessibility and located in a continually densifying area at a major intersection in the City of Toronto.
- Ming Zee
- President, Broker of Record
- 416.703.6621 x222