283 Augusta Ave

Toronto, M5T2M1
UNAVAILABLE
283 Augusta Ave, Toronto
Store With Apt/Office
CATEGORY
2,692 Sq Ft
TOTAL AREA
C5748155
MLSID
Contact Us
Property Description
Investment Opportunity In The Heart Of Kensington Market! Building Is Fully Tenanted. With Main Floor Retail Space, 2-Storey Residential Apartment On 2nd & 3rd Floor With A Beautiful Patio Featuring City Views. Lower Level Retail Space Has And Is With Storage.Very Well Maintained Building With A Completed Newer Roof. Significantly Under Market Rents With Renewals Approaching, Opportunity To Increase Cap Rate Over 5%.? Current Cap Rates Sitting At Around 4%.
Extras
Popular Neighbourhood With Excellent Pedestrian & Car Traffic, Variety Of Restaurants, Boutique Shopping, Cafes & More. Just Steps To Queens Park, U Of T St. George Campus, Ttc & Subway. Sq Ft Includes Rear Covered Addition/Balcony.
Property Details
Category
Store With Apt/Office
Zoning
Cr 2.0 (C2.0; R1.5) Ss2 (X2457)
Total Area
2,692 Sq Ft
Office/Apartment Area
1,221 Sq Ft
Retail Area
1,475 Sq Ft
Lot Size
15' x 63'
Taxes
$10,814 (2022)
Listing contracted with Right At Home Realty, Brokerage
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