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$4,200,000
Available - For Sale
Listing ID: W9300271
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
Price $4,200,000
Taxes: $49,677.21
Tax Type: Annual
Occupancy by: Tenant
Address: 343-349 Jane St , Toronto, M6S 3Z3, Ontario
Postal Code: M6S 3Z3
Province/State: Ontario
Legal Description: See Schedule B
Lot Size: 40.5 x 108.5 (Feet)
Directions/Cross Streets: S Of Annette St; N Of Bloor St
Zoning: Cr2.5(C1;R2*1563
Category: Multi-Use
Building Percentage: Y
Total Area: 12,421
Total Area Code:  Sq Ft
Retail Area: 4000
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Sprinklers: Part
Clear Height Feet: 9
Volts: 600
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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CRESCENT REAL ESTATE INC.

343-349 Jane St , Toronto, M6S 3Z3, Ontario


 
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Type: Com - Commercial/Retail
Area: Toronto
Municipality: Toronto
Neighbourhood: Runnymede-Bloor West Village
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Lot Size: 40.50 x 108.50(Feet)
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Tax: $49,677.21
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Baths: 7
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