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955-957 Bloor St W, Toronto, ON

2 Retail Properties Offered at $6,500,000 CAD in Toronto, ON

INVESTMENT HIGHLIGHTS

  • Uncover unrealized opportunity for commercial & residential redevelopment with strong upside for (as of right) top-up and density infill potential.
  • Maximize a prime corner location with exceptional visibility.

EXECUTIVE SUMMARY

The two buildings anchor the south-west corner of Bloor Street West and Delaware Avenue, just steps to the subway, Ossington Station, Delaware entrance directly across the street. Together 955 & 957 Bloor St. West provide a contiguous parcel with Bloor Street frontage of 49.8 feet and total lot area of 5,005.22 SF. Combined, the properties provide eight residential units on floors 2 & 3 and at street level, fronting Bloor Street, two commercial-retail units with full basements. Permitted boulevard parking provides four spaces along Delaware Avenue. The buildings are 100% occupied. The mid-summer 2025 lease expiry of both street level commercial units provides opportunity to conjoin the units, refurbish the retail space, upgrade the tenant and rent reflecting the larger and updated space, showcasing the high-visibility corner exposure.

PROPERTY FACTS

Price $6,500,000 CAD
Price / SF $1,299 CAD / SF
Cap Rate 2.23%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,004 SF
Total Land Area 0.10 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
955 Bloor St, Toronto, ON M6H 1L6 Retail 2,830 SF 1905 -
957 Bloor St W, Toronto, ON M6H 1L6 Retail 2,174 SF 1905 -
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  • Listing ID: 33771959

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 955-957 Bloor St W, Toronto, ON, Toronto, ON

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