Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time! |
Extras: Excellent mechanical equipment throughout the building. 600V 3-Phase Power; multiple Gas & Hydro meters; high-flow nat gas line; 2" high-flow water line; new facade & glazing; security; development study, financials, floor plans available |
Price | $4,200,000 |
Taxes: | $49677.21 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 343-349 Jane St , Toronto, M6S 3Z3, Ontario |
Postal Code: | M6S 3Z3 |
Province/State: | Ontario |
Legal Description: | See Schedule B |
Lot Size: | 40.50 x 108.50 (Feet) |
Directions/Cross Streets: | S Of Annette St; N Of Bloor St |
Category: | Multi-Use |
Building Percentage: | Y |
Total Area: | 12421.00 |
Total Area Code: | Sq Ft |
Retail Area: | 4000 |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit Subways |
Sprinklers: | Part |
Washrooms: | 7 |
Clear Height Feet: | 9 |
Volts: | 600 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CRESCENT REAL ESTATE INC. |
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Virtual Tour | Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Runnymede-Bloor West Village |
Lot Size: | 40.50 x 108.50(Feet) |
Tax: | $49,677.21 |
Baths: | 7 |