$ 4,200,000
343-349 Jane ST Toronto W02, ON M6S 3Z3
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 4,200,000
Est. payment /mo
Active
343-349 Jane ST Toronto W02, ON M6S 3Z3
7 Baths
12,421 SqFt
UPDATED:
09/05/2024 12:48 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 12,421 sqft
Price per Sqft $338
MLS Listing ID W9300271
Annual Tax Amount $49,677
Tax Year 2024
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!
Location
State ON
County Toronto
Community Public Transit, Subways
Area Runnymede-Bloor West Village
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Parking Type None
Others
Security Features Partial
Listed by CRESCENT REAL ESTATE INC.