13
563 Bloor Street W
$5,400,000 Sale
Listed 167 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 563 Bloor Street W
Key Facts
Key facts for 563 Bloor Street W
Property Type
Commercial
Parking
None
MLS #
C12009737
Size
-
Basement
-
Listed on
2025-03-10
Lot size
22 x 106.91
Tax
$32,020.63 /yr
Days on Market
167
Approximate Age
51-99
Maintenance Fee
-
Description
An exceptional commercial investment opportunity awaits in the heart of Toronto's highly sought-after Annex neighborhood, with proximity to the University of Toronto's St. George campus. This three-story building, complete with a basement, offers immense potential for savvy investors looking to capi...talize on the prime location and vibrant surrounding area. The building features two spacious, well-maintained apartments on the second and third floors, offering consistent rental income potential or the opportunity for conversion into higher-end residential units. One of the units is currently used as an office space. On the main floor, you'll find a thriving, fully operational restaurant benefiting from unparalleled visibility and foot traffic in this bustling urban area. The restaurant attracts a steady stream of customers, including university students, faculty, and local residents, making it a prime spot for continued success or potential repositioning. The full basement provides valuable storage space, with potential for additional development to further maximize the property's value. This property is ideally situated near transit, dining, shopping, and cultural hotspots, placing it at the center of a rapidly growing and dynamic community. With the University of Toronto's St. George campus just steps away, the location offers long-term growth potential and a unique opportunity for commercial investors to expand their portfolio in one of Toronto's most vibrant neighborhoods. Don't miss out on this incredible opportunity.
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Courtesy of: RE/MAX PREMIER INC.