$2,199,000
Available - For Sale
Listing ID: C13417960
193 1/2 Baldwin Street , Toronto, M5T 1M1, Toronto
| Located in one of the best locations in Kensington Market, directly across from Tom's Place and Blackbird Baking Co., and alongside Jimmy's Coffee, this fully renovated mixed-use property offers exceptional visibility and long-term value. The commercial space features impressive high ceilings, a new HVAC system, newly installed floor-to-ceiling store-front windows, and a new front entrance that creates outstanding street presence and curb appeal. Situated on one of the deepest lots in Kensington Market, the property offers significant future expansion potential. It is currently fully leased to a longstanding, high-quality retail tenant with approximately three years remaining on the lease. The residential apartment benefits from its own separate street entrance and private rear patio. Offering a cap rate of over 6%, this is a rare opportunity to acquire a premier income-producing asset in one of Toronto's most sought-after neighbourhoods. |
| Price | $2,199,000 |
| Taxes: | $16129.88 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 193 1/2 Baldwin Street , Toronto, M5T 1M1, Toronto |
| Postal Code: | M5T 1M1 |
| Province/State: | Toronto |
| Legal Description: | PT LT 37 PL D15 TORONTO AS IN CA773242; |
| Directions/Cross Streets: | Augusta Ave & Baldwin St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 2100.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1050 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary+Storm |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CB METROPOLITAN COMMERCIAL LTD. |
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Saleem Akhtar
Sales Representative
Dir:
647-965-2957
Bus:
416-496-9220
Fax:
416-496-2144
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Kensington-Chinatown |
| Tax: | $16,129.88 |
| Fireplace: | N |
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