Commercial listings / Investment / For sale

793 King Street W, Toronto, ON M5V 1N4

$12,250,000

Property type
Investment
Transaction
For sale
Location
Toronto C01, Toronto
Building area
7,306 Square Feet
MLS® number
C13801702

Description

Optimum investment opportunity with exceptional rental income . Seven (7) units in a Superb High Visibility Location. Busy Vehicle And Pedestrian Traffic. Also 7 dedicated underground parking spaces included. One Of The Hottest And Rapidly Developing Areas With Several New Condo Developments Nearby. In The Burgeoning Corridor Between King/Bathurst And Liberty Village. Steps away from new Bathurst subway station of the new TTC Ontario Line; AND the TTC streetcar Stops In Front. Includes 7 dedicated Underground Parking spaces . 132 feet frontage combined on King St W. Ownership is retiring. Annual NET revenue (NOI) $565,000 with escalations. Vendor Take Back mortgage is available at favorable terms and Low interest rate.

Listing brokerage: HARVEY KALLES REAL ESTATE LTD.

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