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$ 998,000
Est. payment | /mo
2 Baths
2,400 SqFt
$ 998,000
Est. payment | /mo
2 Baths
2,400 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2400
Square Footage 2,400 sqft
Price per Sqft $415
Subdivision Cabbagetown-South St. James Town
MLS® Listing ID C12995198
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by SUTTON GROUP-ASSOCIATES REALTY INC.
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