2340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village)2340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 22340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 32340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 42340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 52340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 62340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 72340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 82340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 92340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 102340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 112340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 122340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 132340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 142340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 152340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 162340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — photo 17
1/17
For Sale · Retail

2340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village)

2340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village), ON M6S1P3

$1.8M total

—

Asset Class

Retail

Size

—

Building class

C

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

88%

About this property

Prime Bloor West Village Mixed-Use Asset with Proven Stability & Immediate Upside. Exceptional opportunity on one of Toronto's premier retail corridors with high visibility and incredible pedestrian traffic. This two-storey building features a 962 sq. ft. main-floor retail unit currently occupied by a AAA tenant (Second Cup) with a highly secure 40+ year tenancy history in the 2nd year of a 10-year lease. Value-add potential lies in the vacant 1,002 sq. ft. 3-bedroom upper apartment with a projected market rent of $3,000/month. Plus, a spacious rear patio space for an additional seating area and 1 dedicated parking space. Ideally zoned CR (Commercial Residential), it provides exceptional flexibility for a variety of mixed-use applications and long-term redevelopment opportunities. The perfect acquisition for investors seeking a well-established commercial asset in the highly desirable Bloor West Village market. Rarely available opportunity and first time on the market in 50+ years! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.75M
Down payment30% · $525K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$92K

Annual cash flow

$-5K

Cash-on-cash

-0.98%

DSCR

0.95

Going-in cap

5.25%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

106,873

Households

48,254

Median income

$127,500

Median age

35

Daytime population

174,527

5-yr growth

5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.