$4,200,000 FOR SALE

Commercial/Retail

Lot: 40.5 x 108.5 ftTotal Area: 12,421 ft2
2024 Taxes: $49,677.21

343-349 Jane St
Toronto, ON M6S 3Z3 | Runnymede-Bloor West Village

Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time!

Extras
Excellent mechanical equipment throughout the building. 600V 3-Phase Power; multiple Gas & Hydro meters; high-flow nat gas line; 2" high-flow water line; new facade & glazing; security; development study, financials, floor plans available

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Listed By CRESCENT REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9300271
Last Updated Sep 05, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
Legal Description See Schedule B
Occupancy Tenant
Possession Date Flexible
Taxes (2024) $49,677.21
Tax Type Annual
Directions/Cross Streets S Of Annette St; N Of Bloor St
Neighbourhood Runnymede-Bloor West Village
Area Toronto
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 7
Lot 40.5 x 108.5 ft
Lot Irregularities 4 addresses incl: 343, 345, 347, 349
Retail Area 4,000 ft2
Total Area 12,421 ft2
Air Conditioning Y
Basement Y
Garage Type None
Volts 600
Heat Type Gas Forced Air Open
Area Influences Public Transit, Subways
Sprinklers Part
Utilities Y
Water Municipal
Clear Height 9 feet
Lot/Bldg/Unit Code Lot
Zoning Cr2.5(C1;R2*1563)
Seller Property Info Statement N

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