669 Bloor St W
1,000 SF Retail Building Toronto, ON M6G 1L1 $1,599,999 CAD ($1,600.00 CAD/SF) 4.69% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime southeast corner of Bloor Street West and Manning Avenue
- Easily managed single-tenant investment
- Signalized Intersection | Excellent Exposure
EXECUTIVE SUMMARY
Prime investment opportunity in the heart of Koreatown, located at 669 Bloor Street West. This single-tenant NNN property offers excellent exposure at a signalized intersection with a net operating income of $75,000. The building, constructed in 1963, features a 1,000 sq. ft. retail space and a basement, with a lease in place until 2027. Potential for future development, including a patio or additional floors. Offered at $1,599,999 with a 4.7% cap rate. Contact Taso Boussoulas at Brixton Commercial Realty for details.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,000 SF
Building Class
C
Year Built
1963
Price
$1,599,999 CAD
Price Per SF
$1,600.00 CAD
Cap Rate
4.69%
NOI
$75,000 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.15
Lot Size
0.02 AC
Zoning
CR
Parking
2 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (95)
Bike Score®
Biker's Paradise (100)
NEARBY MAJOR RETAILERS
