For Sale · Retail

1601 BLOOR STREET W, Toronto (High Park-Swansea)

1601 BLOOR STREET W, Toronto (High Park-Swansea), ON M6P1A6

$1.2M total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

88%

About this property

BIG DEAL ON BLOOR! Big possibilities, a brilliant location, and a few amazing surprises! This is an incredible opportunity to own a mixed-property in one of the most sought-after stretches of Bloor Street West.The best of both worlds. A main-floor commercial space offers endless possibilities for entrepreneurs, business owners, or investors, while upstairs, a spacious one-bedroom apartment (originally a two-bedroom and easily converted back) offers serene city living.And then there's the surprise! Tucked behind the bustle of Bloor St W is a wonderfully unexpected, deep backyard oasis. Your own secret slice of tranquility in the heart of the city, complete with a garage. A rare and remarkable find! Both units are vacant, offering the freedom and flexibility to bring your vision to life immediately. Live upstairs and launch your dream business below? Add a versatile mixed-use property to your investment portfolio? Create two income streams? The possibilities are yours to explore.And here's the cherry on top: a transferable rooftop billboard lease agreement provides an additional source of income from day one! Location? It doesn't get better. Steps to the subway, UP Express for direct access to Pearson Int'l Airport, fabulous restaurants, shops, and neighbourhood cafés. Wander around the corner to Roncesvalles, stroll west toward Bloor West Village, or escape into the magnificent green space of High Park. Effortless access to the Gardiner Expressway. All the energy and convenience of city living, with a little unexpected magic tucked away out back. A rare opportunity to live, work, invest, and dream big on Bloor. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.19M
Down payment30% · $356K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$73K

Annual cash flow

$7K

Cash-on-cash

2.00%

DSCR

1.11

Going-in cap

6.14%

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

92,918

Households

37,734

Median income

$97,000

Median age

44.3

Daytime population

151,895

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 1601 BLOOR STREET W, Toronto (High Park-Swansea).

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.