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184 Munro St 8,714 SF 100% Leased Office Building Toronto, ON M4M 2B9 $3,900,000 CAD ($447.56 CAD/SF)
Investment Highlights
- The property is located in Toronto’s dynamic east end, offering excellent connectivity to downtown and major transportation routes.
- The site benefits from strong accessibility via nearby arterial roads and transit options, supporting convenient employee and customer access.
- The building is situated in a well-established mixed-use area known for its blend of commercial, industrial, and creative spaces.
Executive Summary
8,880 SF loft-style multi-residential building in the heart of Riverdale, currently configured as five oversized apartment units ranging up to 2,853 SF. The property offers strong in-place residential income, complemented by additional revenue from rooftop solar installations. Featuring 11-foot ceilings, six on-site parking spaces, and an approximately 5,000 SF landscaped backyard, the property has a unique blend of character and functionality in a highly supply-constrained market. Ideally located steps to Riverdale Park, the Broadview Hotel, and the amenities of Queen East, the property presents a compelling opportunity for investors seeking stable cash flow with long term value enhancement potential. Offered under Receivership on an as-is, where-is basis.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
8,714 SF
Building Class
C
Year Built
1984
Price
$3,900,000 CAD
Price Per SF
$447.56 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,714 SF
Building FAR
1.00
Lot Size
0.20 AC
Zoning
R
Parking
5 Spaces (0.57 Spaces per 1,000 SF Leased)
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100
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184 Munro St
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