545 Annette St - Storefront Retail/Residential FOR SALE


Toronto, ON M6S 2C8- High Park North/Junction
$3,180,000 CAD
416-930-3890
545 Annette St, Toronto, ON for Sale
$3,180,000 CAD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

545 Annette St
Toronto, ON M6S 2C8
High Park North/Junction


HIGHLIGHTS

  • Signalized corner location at Annette Street and Runnymede Road.
  • Approximately 138 feet of frontage provides visibility along two arterial roads.
  • Located in the heart of Bloor West Village, surrounded by neighborhood-serving businesses.

OVERVIEW

Rare fully-leased mixed-use corner in the heart of Bloor West Village. 545 Annette Street sits at the signalized corner of Annette Street and Runnymede Road, with four ground-floor retail storefronts and four residential suites above — eight separate tenancies across approximately 5,800 SF of building on a 4,219 SF corner lot, with roughly 139 feet of frontage on two arterials. The property is 100% leased. Two commercial tenants hold signed five-year extensions with contractual annual escalations through 2030, taking the going-in cap rate from 5.94% to 6.43% by year five with no renewals negotiated and no market resets. Two further retail leases roll in 2027 and the four apartments sit below market on annual terms; at market rents the asset underwrites to 6.91%. Zoned CR and designated Mixed Use Areas, with long-term intensification potential on a large corner site. Offering memorandum and full data room available.

FOR SALE DETAILS

PRICE

$3,180,000 CAD

PRICE/SF

$561 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

939 SF

ZONING

CR2.0

APN/PARCEL ID

190401250002900

ASK ABOUT THIS PROPERTY

Josef KhoudatovInTrust Commercial Real Estate Brokerage IncMore Info
416-930-3890

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Josef KhoudatovInTrust Commercial Real Estate Brokerage IncMore Info
416-930-3890

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