261 Augusta Ave

Toronto, M5T2M1
UNAVAILABLE
261 Augusta Ave, Toronto
Store With Apt/Office
CATEGORY
2,240 Sq Ft
TOTAL AREA
C5748176
MLSID
Contact Us
Property Description
Investment Opportunity In The Heart Of Kensington Market!Building Is Fully Tenanted. With Main Floor Retail Space & Basement Storage & A Second Floor Residential Apartment. Very Well Maintained Building With A Completed New Roof. Potential For More Space In Basement.Significantly Under Market Rents With Renewals Approaching, Opportunity To Increase Cap Rate Over 5%.? Current Cap Rates Sitting At Around 4%.
Extras
Popular Downtown Toronto Neighbourhood With Excellent Pedestrian Traffic, Plenty Restaurants, Boutique Shopping, Cafes & More. Just Steps To Queens Park,U Of T, St.George Campus,Subway,T.T.C. Street Car Access .Retail Area Includes Basement
Property Details
Category
Store With Apt/Office
Zoning
Cr 2.0 (C2.0; R1.5) Ss2 (X2457)
Total Area
2,240 Sq Ft
Office/Apartment Area
672 Sq Ft
Retail Area
1,568 Sq Ft
Lot Size
16' x 78'
Taxes
$13,573 (2022)
Listing contracted with Right At Home Realty, Brokerage
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