262 Jane ST Active

Toronto W02,ON M6S 3Z2

$ 1088000

- Bed

- Bath

2085 SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,085 sqft

Price per Sqft $521

Subdivision Lambton Baby Point

MLS Listing ID W12068765

Annual Tax Amount $10,891

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

InTrust is pleased to offer for sale 262 Jane Street; a mixed-use property featuring one commercial unit at grade level, and one residential unit above with 2 beds, 1 bath, and a beautiful rooftop patio. Located within the Jane Protected Major Transit Station Area (PMTSA), this property offers multiple types of investors the opportunity to purchase a mixed-use property with solid income potential, favourable zoning by-laws and official plan designations, while also securing land in a beautiful and desirable part of the city that is poised for continued growth. This property offers the potential to be owned as an investment property or is perfectly set-up for an owner-operator looking to continue running the dry-cleaning business with living accommodations. All in all, 262 Jane Street is a beautiful property that is ideally located and has a lot of potential for both commercial real estate investors and business owners alike looking to add a valuable asset to their investments. This property offers a Market Cap Rate of 5.7%; at this asking price, its hard to find something else worth adding to your portfolio!

Location

Province ON

County Toronto

Community Lambton Baby Point

Area Toronto

Zoning CR 2.5 (c1.0; r2.0) SS2 (x1563)

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 14.75

Lot Depth 79.83

Others

Security Features No

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