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Investment Highlights

  • This well-maintained building provides strong holding income and significant long-term potential.
  • Situated on an 18.5 x 115 ft lot, complete with rear lane access and two parking spaces.
  • Situated in a 24/7 high-foot-traffic area, this property is just steps from Bathurst and Christie subway stations.

Executive Summary

This rare mixed-use property is a standout opportunity in the heart of Korea Town, offering exceptional exposure along bustling Bloor Street. This well-maintained building provides strong holding income and significant long-term potential. Zoned CR 3, it occupies an 18.5 x 115 ft lot, complete with rear lane access and two parking spaces. The main floor features a high-visibility retail storefront, tenanted by a dependable, long-term commercial occupant who pays consistently and also utilizes the full-height, unfinished basement for storage. The second-floor residential unit was fully renovated in 2023 with stylish, modern finishes, while the third-floor unit remains clean, functional, and well-kept. Both residential units are leased by respectful, professional tenants who take excellent care of the space and are happy to continue their tenancy. Situated in a 24/7 high-foot-traffic area, this property is just steps from Bathurst and Christie subway stations, ensuring consistent retail exposure and ongoing tenant demand. Its surrounded by key neighborhood anchors like PAT Supermarket, along with a vibrant mix of shops, restaurants, and mid-rise developments. This stretch of Bloor Street offers unmatched walkability and connectivity. With minimal capital expenditures required and flexible month-to-month leases in place, this property is an ideal investment for end users, boutique investors, or those seeking to landbank while enjoying stable cash flow in one of Toronto's most lively and culturally diverse corridors.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $114,950 $48.67

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $114,950
Annual Per SF $48.67

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,362 SF
Building Class
B
Year Built
1900
Price
$2,200,000 CAD
Price Per SF
$931.41 CAD
Cap Rate
5.22%
NOI
$114,950 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
9’
Building FAR
1.13
Lot Size
0.05 AC
Zoning
CR - Commercial
Parking
4 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
29’ on Bloor St

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Bloor Meat & Grocery
  • Retailer
  • -
  • -
  • -
  • Eureka Realty
  • Real Estate
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Bloor Meat & Grocery Retailer - - -
Eureka Realty Real Estate - - -
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Tim Hortons
BMO
TD Canada Trust
CIBC
Eggsmart
Farm Boy
Loblaw
Metro
Starbucks
Scotiabank
  • Listing ID: 36068707

  • Date on Market: 2025-06-01

  • Last Updated:

  • Address: 676 Bloor St W, Toronto, ON M6G 1L2

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