Investment · For sale

1620 Bloor Street W, Toronto

$1,478,000

Listing brokerage: RE/MAX REALTRON REALTY INC. · MLS® W13768390

Listing brokerage

RE/MAX REALTRON REALTY INC.

Type

Investment

Deal

For sale

Category

Commercial · Investment and multi-residential

Size

1,750 sq ft

Clear height

10 ft

Lot

17 x 125 ft

Area

High Park North

MLS® number

W13768390

Description

Fully rented two storey invest with 2 car parking in the high-traffic "Bloor By The Park" BIA with strong street exposure. Completely rebuilt in 2012 all new gas, electrical, plumbing drywall and flooring. Leased to LLBO Japanese restaurant approx 1,000 sq ft with clean, dry basement storage. The lease runs until April 30, 2028, with annual inflation adjustments. Upstairs,750+sq ft one-bedroom apt features new windows (2025),a new roof (2024) with walkout. Both units are separately metered for hydro and gas. Offers steady and secure triple NNN rental income and very strong long term redevelopment potential. Conveniently located near High Park, St Joseph Hospital, plus access to Keele TTC station for quick downtown travel, GO/UP Express and Roncesvalles bike lanes. Food & Shopping is easy with Loblaws, Bloor West Village Shops and24hr 7-Eleven nearby. 2 car Private rear laneway parking with potential for more in back Yard