Very Attractive Mixed use property on Clarence street between Dundas and Queen Avenue. The property consists of two main floor retail/restaurants, one 2nd floor apartment and one 2nd floor retail/office. Total gross floor area of approx 4,939 sq ft on 5,403 sq ft of land. Nooners restaurant - approx 2,710 sq ft pays $2,500 per month plus utilities. WOW Shwarma - approx 1,190 sq ft paying $2,180 per month plus utilities. 2nd level Berkana Salon approx 387 sq ft paying $800 per month plus hydro. 2nd level apartment approx 571 sq ft paying $1,000 plus hydro. All Tenants paying well below market value. Projected Gross income approx $115,000.00 annually. Lots of upside to this property. (id:47423)
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Detailed Information
Lot
44 x 111 ft
Amenities Nearby
Public Transit
Community Features
High Traffic Area
Listing Contract Date
2024-04-04
Location Description
Clarence Street between Dundas and Queen
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Office
Signage
Signband
Transaction Type
For sale
Zoning Description
DA2
Building
Basement Type
Partial
Exterior Finish
Brick, Concrete
Foundation Type
Poured Concrete
Stories Total
2
Size (Exterior)
4939
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Public Transit
Sewer
Municipal sewage system
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