493 Carlaw Ave
North Riverdale, Toronto, M4K 3H9
FOR SALE
$1,279,000
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3
BEDROOMS4
BATHROOMS2
KITCHENS7
ROOMSE9371365
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Property Description
Prime Riverdale. Commercial & Residential zoned corner property. Main floor has retail space with a 1-bdrm apartment behind storefront that can be opened up as part of commercial portion. 2nd & 3rd floors are a 3-bdrm apartment. Basement is unfinished with laundry facilities. Property offers many possibilities for investors. Live and work, professional offices, coffee shop etc. Garage and parking spot in driveway, 2 spots. Situated steps from Pape school, TTC, future subway, The Danforth, shopping, parks and convenient access to downtown. Great investment opportunity in a key location with terrific potential. Tenants are on month-to-month leases. Store tenant willing to leave when Buyer takes over.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-02 | 2024-09-26 | 86 | $1,389,900 | - | Terminated |
| 2023-11-21 | 2024-07-02 | 224 | $1,479,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Store W/Apt/Office, 3-Storey
Lot Size
18' x 84'
Fronting
East
Taxes
$6,506 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Other | Main | 16.73' x 18.70' | 2 Pc Ensuite |
| Living | Main | 10.89' x 15.88' | Combined W/Br, 3 Pc Ensuite |
| Kitchen | Main | 9.32' x 9.97' | |
| Living | 2nd | 11.09' x 14.04' | Window |
| Dining | 2nd | 10.83' x 16.70' | Bay Window |
| Kitchen | 2nd | 11.06' x 13.22' | Window |
| Prim Bdrm | 3rd | 11.06' x 15.22' | Closet |
| 2nd Br | 3rd | 9.81' x 16.08' | Closet |
| 3rd Br | 3rd | 10.20' x 11.75' | Closet |
| Laundry | Bsmt | 8.92' x 10.04' |
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Listing contracted with Re/Max Ultimate Realty Inc.
Similar Listings
Located in one of Toronto's most vibrant neighborhoods, this property offers a rare combination of commercial and residential potential. Featuring a high-visibility storefront on bustling Bathurst Street, the property also includes two beautifully renovated 1- bedroom apartments on the second floor, offering modern finishes and strong rental income. The spacious, unfinished basement presents an exciting opportunity for conversion into an additional rental unit or expanded commercial use (subject to approval). Situated steps from the subway and minutes from Toronto's downtown core, the property boasts unbeatable accessibility, ensuring steady foot traffic for businesses and high demand from tenants. Highlights include a prime commercial storefront, two renovated residential units, untapped basement potential, and proximity to transit and downtown. This is the perfect opportunity for investors or end-users to own a versatile, income- generating property in a coveted location.
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