$1,700,000 FOR SALE

Investment

Total Area: 2,237 ft2 divisible
2021 Taxes: $16,300

225 Wellesley St E #11A & B
Toronto, ON M4X 1X8 | Cabbagetown-South St. James Town

Owner/User Opportunity .Ground Floor Commercial Of 12 Floor ,190 Unit Residential Condo , Across From St.James Town ( Highest Density Population .)Currenty Leased To 2 Tenants With Vacant Occupancy Available For Larger Unit , Larger Space To Community Service Organization And Smaller To Optical Store .

Extras
1589 Sq.Ft Can Be Available For An Owner User. Current Net Income $87,856.Carefree Investment , Tenants Pays Expenses . Vtb Available

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Listed By HARVEY KALLES REAL ESTATE LTD., Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C5734752
Last Updated Aug 17, 2022
Property Summary
Property Type Investment

More like this:
Category Retail
Occupancy Tenant
Possession Date Tba
Taxes (2021) $16,300
Tax Type Annual
Commercial Condo Fees $11,664
Directions/Cross Streets South Of St. James Town
Neighbourhood Cabbagetown-South St. James Town
Area Toronto
Price History
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Detailed Information
Freestanding N
Bathrooms 2
Retail Area 2,237 ft2 divisible
Total Area 2,237 ft2 divisible
Approximate Age 0-5
Elevator Public
Air Conditioning Y
Basement N
Garage Type Underground
Heat Type Other
Net Income Before Debt $87,856
Year Expenses $2,021
Expenses Actual/Estimated Act
Area Influences Public Transit
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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