1111 College St - Storefront Retail/Residential FOR SALE


Toronto, ON M6H 1B4- Dufferin Grove/Little Portugal
$2,590,000 CAD
416-938-1765
1111 College St, Toronto, ON for Sale
$2,590,000 CAD
Storefront Retail/Residential - FOR SALE
1/19
null | 5.63% Cap Rate


HIGHLIGHTS

  • Two commercial units and two residential suites above.
  • Two parking spaces, including a detached garage.
  • Four skylights and a roof replaced in 2017.

OVERVIEW

Renovated three-storey mixed-use corner at College Street and Dufferin Street, delivered 100% vacant. The building holds four units across approximately 4,022 SF of leasable area – two commercial spaces at and below grade and two residential suites above, with roughly 2,982 SF above grade on a 22.9 by 80 ft lot. Two parking spaces including a detached garage facing Dufferin Street, 400 AMP service, four skylights and a roof replaced in 2017. Interiors are renovated with exposed natural brick alongside modern finishes. Vacant possession lets a buyer set rents, occupy space directly or reposition the building without inheriting a rent roll. On a fully stabilized basis the property projects $145,728 net operating income and a 5.63% cap rate at list price. The 506 College streetcar and 29 Dufferin bus stop at the corner and Dufferin Station is 900 m north. Offering memorandum available.

FOR SALE DETAILS

PRICE

$2,590,000 CAD

PRICE/SF

$1,206 CAD /SF

CAP RATE

5.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CR

APN/PARCEL ID

190404339002400

ASK ABOUT THIS PROPERTY

Evan GravesInTrust Commercial Real Estate Brokerage IncMore Info
416-938-1765

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Evan GravesInTrust Commercial Real Estate Brokerage IncMore Info
416-938-1765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.