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3845 Bloor St W
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3845 Bloor St W
5,628 SF 100% Leased Retail Building Toronto, ON M9B 1L2 $4,499,923 CAD ($800 CAD/SF)
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INVESTMENT HIGHLIGHTS
- Excellent user / investor asset
- High foot traffic area.
- Corner Property with Great development potential
EXECUTIVE SUMMARY
Rarely offered Prime corner Bloor St asset with development potential. Great asset for an owner occupier, savvy investor or developer/ asset manager. The current building consists of 2,823 SF of retail at grade and a large 2,805 SF apartment on the 2nd FL that is owner occupied. 10 car parking on site. The current zoning allows for a variety of uses and the as-of-right allows for a 3.5x FSI and 20,000+ SF buildable - to be verified by buyer. Neighbouring sites have active development applications for two high-rise towers consisting for 29 and 38 storeys and an 11.3x FSI. Potential to be a part of a larger assembly.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
5,628 SF
Building Class
B
Year Built
1951
Price
$4,499,923 CAD
Price Per SF
$800 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.08
Lot Size
0.12 AC
Zoning
EC1 - Commercial Mixed Use
Parking
10 Spaces (1.78 Spaces per 1,000 SF Leased)
Frontage
44 ft on Bloor St
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (96)
NEARBY MAJOR RETAILERS
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3845 Bloor St W
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