New ListingSt. Clair Avenue West,Toronto (Weston-Pellam Park), ON M6N1J4
Toronto (Weston-Pellam Park), ON M6N1J4
Description
Prime West End Toronto Commercial Investment & Development Opportunity. An exceptional opportunity awaits investors and developers in one of Toronto's most dynamic and rapidly evolving west end neighbourhoods. This versatile mixed-use commercial property comprises two single-storey buildings totalling 6,815 sq ft, along with a vacant parking lot offering 12 dedicated surface spaces - all situated on a strategically positioned site poised for transformative growth. The first building features a thriving 1,476 sq ft restaurant space complete with a 536 sq ft basement, ideal for continued food and beverage operations or repositioning. The second building, a substantial 5,336 sq ft, offers flexible commercial utility suited to a wide range of business uses.What truly sets this offering apart is its remarkable development potential. Nestled adjacent to three newly constructed condominium towers, the property sits at the heart of an established and accelerating intensification corridor. A proposed development application for a 12-storey residential condominium building consisting of 91 units further underscores the site's exceptional density potential and the municipality's confidence in the area's continued upward trajectory. Whether you're an investor seeking stable income with significant upside, or a developer looking to capitalize on a market-ready site with a clear path forward, this property represents a rare chance to secure a foothold in one of Toronto's most sought-after and supply-constrained urban corridors. Don't miss your opportunity to be part of the next chapter of Toronto's west end renaissance. (id:13843)
Details
| MLS # | W14096034 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 2 |
| Listing Provided By | RIGHT AT HOME REALTY | ALEXANDRE ALVES |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 7,351 |
| Zoning | Commercial/Retail |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Total | 13 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 56263 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Weston-Pellam Park) |
| Postal Code | M6N1J4 |
| Listing VS Median (in M6N1J4) | |
Price: $4,800,000 low | high Med: $4,800,000 sqft: 7,351 low | high Med: 7,351 $ / sqft: $653 low | high Med: $653 On site: 2 low | high Med: 2 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Weston-Pellam Park) |
| Postal Code | M6N1J4 |
| Listing VS Median (in M6N1J4) | |
Price: $4,800,000 low | high Med: $4,800,000 sqft: 7,351 low | high Med: 7,351 $ / sqft: $653 low | high Med: $653 On site: 2 low | high Med: 2 | |