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Executive Summary
Prime investment opportunity to own this versatile three-level mixed-use property offering both commercial and residential income potential. The main level features a spacious retail storefront with a large open sales area, a convenient half bath, and two separate storage rooms, making it ideal for a variety of business uses. The upper two levels each offer a private one-bedroom, one-bath apartment, providing excellent rental income opportunities or the perfect live/work arrangement for an owner-occupant. The property is separately metered, allowing for simplified management and tenant billing. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a business location with residential accommodations above, this property offers exceptional flexibility and long-term value. Separate parking lot also available for sale - 311 Tyson St which offers 5 off street parking spaces.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,031 SF
Building Class
C
Year Built
1920
Price
$461,572 CAD
Price Per SF
$227.26 CAD
Tenancy
Single
Building Height
3 Stories
Slab To Slab
10’
Building FAR
1.66
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
C-5HS
Parking
2 Spaces (0.98 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0578-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $142,492 CAD |
Property Taxes
Parcel Number
0578-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$142,492 CAD
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212 W Saratoga St
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