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EXECUTIVE SUMMARY
Behind this boarded-up, graffiti-covered time capsule lies the ghost of what was once the MLK Child Development Center. The bathrooms are out of service (and have been for a while), and any copper or metal has long since taken a one-way trip to the local scrapyard. But don’t let that fool you—this nearly 7,000 SqFt commercial block building is a blank canvas for your imagination! Bring it back to life with a full refurb, or go full “demo day” and start fresh. Either way, the possibilities are as endless as the graffiti tags on the walls!
Please note: The property is clearly being sold as-is. Call today for more information!
Please note: The property is clearly being sold as-is. Call today for more information!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
9,500 SF
Building Class
C
Year Built
1925
Price
$536,033 CAD
Price Per SF
$56.42 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.84
Lot Size
0.26 AC
Zoning
R2
Frontage
113’ on Florence St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-00594-0000-00022 | Improvements Assessment | $307,263 CAD (2025) |
| Land Assessment | $41,739 CAD (2025) | Total Assessment | $349,002 CAD (2025) |
PROPERTY TAXES
Parcel Number
08-00594-0000-00022
Land Assessment
$41,739 CAD (2025)
Improvements Assessment
$307,263 CAD (2025)
Total Assessment
$349,002 CAD (2025)
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678 Florence St
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