343-349 Jane St

Toronto, M6S3Z3
For Sale
$4,200,000
343-349 Jane St, Toronto
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
343-349 Jane St
Multi-Use
CATEGORY
12,421 Sq Ft
TOTAL AREA
W9300271
MLSID
Contact Us
Property Description
Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time!
Extras
Excellent mechanical equipment throughout the building. 600V 3-Phase Power; multiple Gas & Hydro meters; high-flow nat gas line; 2" high-flow water line; new facade & glazing; security; development study, financials, floor plans available
Property Details
Category
Multi-Use
Zoning
Cr2.5(C1;R2*1563)
Total Area
12,421 Sq Ft
Retail Area
4,000 Sq Ft
Lot Size
40' x 108'
Taxes
$49,677 (2024)
Washrooms
7
Air Conditioning
Yes
Listing contracted with Crescent Real Estate Inc.
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