Get mortgage rate
Share
Excellent Investment Opportunity On A Prime Yonge St. Beautifully Renovated Main Floor Retail Store Plus 1 Large 3 Bedrooms Residential Apartment Above, One car parking @ rear, very high vehicular & pedestrian traffic location, street parking in front, ""P"" parking across road, new food market at Lawrence Ave. **** EXTRAS **** Rent: Store: $6,424/ Monthly (Include Tmi , Hst), Lease Term Till March 31st, 2026 And Another 5 Years Renewal. 2nd Floor: 2460.00/Month, M to M (id:27476)
Conveniently situated near public transit, this property offers a total of 1 parking space. An outstanding investment opportunity presents itself on the bustling Yonge St. The main floor has been beautifully renovated to accommodate a retail store, while the upper level features a spacious 3-bedroom residential apartment. Additionally, there is parking available at the rear of the property, and the location benefits from high vehicular and pedestrian traffic, as well as street parking in front and nearby public parking facilities. A new food market at Lawrence Ave adds to the appeal of this prime location. The monthly rent for the store, including TMI and HST, is $6,424, with the lease term extending until March 31st, 2026, and an option for another 5-year renewal. The second floor is currently leased on a month-to-month basis for $2,460.
For those seeking a property for sale, this offering boasts a land size of 15.83 x 109 FT and is ideally located in the heart of Toronto. The surrounding area is well-served by public transit, and the specific address is 3238 YONGE ST, within the city of Toronto, Ontario, and the postal code M4N2L4. Situated in the community of Lawrence Park North, the property is fully air-conditioned and classified as a Residential Commercial Mix.
