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$ 998,000
Est. payment | /mo
2 Baths
$ 998,000
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Municipality Toronto C08
Subdivision Cabbagetown-South St. James Town
MLS Listing ID C12995198
Annual Tax Amount $19,574
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
Cabbagetown Mixed-Use Opportunity positioned at the gateway to historic Cabbagetown, offers a rare "value-add" opportunity for investors, developers, or owner-users. This two-story, mixed-use freehold property is a blank canvas requiring work to reach its significant market potential. With high visibility and a deep footprint, the property is perfectly suited for a retail space or boutique office with a premium residential unit above. The main floor is deep, high-ceilinged commercial space with prominent street-front display windows. The layout extends into a rear addition previously used as a workshop/storage area, complete with an existing two-piece washroom. Approximately 1500 Sq. Ft. G.F.A with access to the rear mutual lane. The 2nd floor (approx. 900 sq. ft. G.F.A): A sprawling, sun-filled apartment featuring high ceilings & original hardwood floors. The unit includes a large common area with French doors and a walkout to an expansive rear patio-a rare amenity in the downtown core. The roof membrane and shingles, fully replaced in March 2026, providing a secure envelope for the upcoming interior revitalization. This is a strategic acquisition for a buyer looking to capitalize on the rapid appreciation of the Sherbourne corridor. The property is being sold in "as-is" condition, offering a clean slate to reconfigure and modernize the space to achieve top-tier market rents.
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Zoning CR 1.5 (c1.0; r1.0) SS2 (x1884)
Interior
Cooling No
Inclusions GB& E, Hot water tank, ELF's, All shelving, All work benches and counters.
Exterior
Utilities Available Yes
Lot Frontage 19.0
Lot Depth 100.79
Others
Security Features No
ParcelsYN No
Listed by SUTTON GROUP-ASSOCIATES REALTY INC.
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