See all 28 photos
$1,588,000
Est. payment /mo
4 Baths
2,100 SqFt
New
1702 Jane ST Toronto W04, ON M9N 2S4
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Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $756
Subdivision Weston
MLS Listing ID W12351144
Annual Tax Amount $7,811
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Welcome to 1702 Jane Street. A great investment opportunity located in Toronto's vibrant Weston neighborhood. The surrounding area boasts a variety of amenities, including schools, parks, shopping centers, and dining options, contributing to the properties appeal for both commercial and residential purposes. This very well maintained versatile property features a high exposure commercial storefront plus 3 residential apartments: a renovated 2-bedroom unit on main level (vacant for own-use or rent out), a very spacious 2-bedroom unit on upper level and a 3-bedroom unit on lower level. Front & rear separate access with 4 parking spots total. All existing leases on the basis of month to month, providing the flexibility to tailor the property to your specific needs. Conveniently situated just minutes from Highway 400/401, Weston GO Station and TTC at your doorstep, this property offers exceptional visibility and accessibility for both commercial and residential use. Projected to generate Net Annual Income of $90,000 plus, this property boasts a favorable Capitalization Rate of 5.5% - 6.0%. Please note that the income figures are based on current and previous rent and actual income may vary based on market conditions and management. This is your opportunity to invest in a property with immense potential for business or rental income. Don't miss it!!
Location
Province ON
County Toronto
Community Weston
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 18.2
Lot Depth 121.45
Others
Security Features No
Listed by REAL ONE REALTY INC.