Right at the Corner of Merivale and Woodward.Mix-use building with 3500 SF space spread over three levels, a large lot with 12 parking spaces, and the possibility of adding a few more at the front. TM Zone allows Retail or Office use. The Main and lower floor was used as professional offices and Retail. The second floor has a 2-bedroom Unit (Approx 1000 SF) currently rented for $ 30,000 per year plus hydro, and has a large balcony overlooking the parking area. The main floor is approx. 1250 SF is currently used as a professional office, the lower level has approx. The main floor owner occupied, potential market rent is $ 43750 Plus Hydro ( Gross Rent $ 35 PSF). Additional 250 SF of commercial space and a unit at the back with a separate entrance that needs finishing, before the reno project, it was a catering service. Future land assembly is possible. Restricted Showings. The owner occupies the Main Floor. TM Zone allows Retail or Office use. It also has a Merivale address - 978 Merivale Rd. (id:47423)
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Detailed Information
Lot
61 x 165 ft
Listing Contract Date
2024-11-25
Location Description
At the Corner of Merivale and Woodward across from Shell gas Station. Also has a Merivale address - 978 Merivale
# of Parking Spaces
12
Property Type
Retail
Transaction Type
For sale
Zoning Description
TM
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
61 x 165 FT ; 1
Size of Irregular Land
61 x 165 FT ; 1
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