1121 Bloor St W 13 Unit Apartment Building For Sale Toronto, ON M6H 1M7

C21 Regal Realty Inc. Brokerage is pleased to offer for sale 1121 Bloor Street West, Toronto, a 13 unit multi-residential building with mixed-use zoning near the South East corner of Bloor Street West and Dufferin Street. The Property is conveniently located across the street from Dufferin subway station, Dufferin Mall and the Bloor & Dufferin Master Project, currently under construction with six residential mixed-use towers of up to 37 storeys. The Property contains a 9,000 SF building that sits on 4,295 SF of land at a transit oriented intersection that is undergoing massive redevelopment and densification. A walk score of 96%, nestled between the eclectic & trendy neighbourhoods of Bloordale and Bloorclourt, with easy access to the Union/Pearson express only two subway stops away.
With a stabilized cap rate north of 4%, the Property presents a unique opportunity for an investor or developer to acquire a multi-residential building having mixed-use zoning, with significant rental upside and re-development potential in a massively densifying, transit-oriented West-end node of Toronto. There are 13 residential units, 2 of which are in the process of being converted to street level commercial use. The Purchaser has the option to maintain the residential use of these units. Tenants pay for hydro. There are 5 parking spots located at the rear of the building and a 7ft wide driveway that runs the length of the Property along the East side of the building. Please see brochure with media link attached. Please contact Listing agent for package and more details regarding the upside.