343-349 Jane Street Toronto, Ontario M6S 3Z3
$4,200,000
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 (id:61015)
Property Details
| MLS® Number | W9300271 |
| Property Type | Retail |
| Community Name | Runnymede-Bloor West Village |
| Amenities Near By | Public Transit |
Building
| Bathroom Total | 7 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 12,421 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 108 Ft ,6 In |
| Size Frontage | 40 Ft ,6 In |
| Size Irregular | 40.5 X 108.5 Ft ; 4 Addresses Incl: 343, 345, 347, 349 |
| Size Total Text | 40.5 X 108.5 Ft ; 4 Addresses Incl: 343, 345, 347, 349 |
| Zoning Description | Cr2.5(c1;r2*1563) |
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 16 2024 05:17:21
Toronto Regional Real Estate Board
Crescent Real Estate Inc.