1608-1610 Queen Street East
1610 Queen Street East, Toronto, ON, M4L 1G2, CA
502 m²
Beschreibung
Jones Lang LaSalle Real Estate Services, Inc. (hereinafter referred to as "JLL" and/or the "Advisor") is pleased to present an opportunity to acquire 459 Roncesvalles Avenue (the "Property" or "Site"), a 1,700 square foot ("SF") commercial retail and residential asset. The Property offers 16 feet ("FT") of frontage on Roncesvalles Avenue, with direct access to high-order transit, positioned just 500 meters south of the Dundas Street West TTC and Bloor GO station.
The Property offers an opportunity to acquire an asset with in-place holding income and near-term rental upside. The currently vacant retail unit offers a value-add opportunity for investors, or the ability for owner-users to take possession of the 850 SF premises. The Site's strategic position within the desirable Roncesvalles neighbourhood presents a land bank opportunity, offering future redevelopment potential through the assembly of adjacent plots of land.
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Eigenschaften
Gebäudefläche netto
158 m²
Grundstücksfläche brutto
146 m²
Miete PSF
21,86 €
Gebietsabgrenzung
CR 3.0
Medien
Investment-Highlights
- Premier location Situated in the highly desirable Roncesvalles neighbourhood, the Property offers excellent visibility and exposure just steps from the Bloor Street West & Dundas Street West intersection.
- Owner-user opportunity Vacant 850 SF retail unit in turnkey condition, offering an excellent opportunity for owner-users to modify the space for their own use with limited CAPEX required.
- Secure holding Income The Property offers secure in-place holding income with value-add potential through the lease-up of the vacant retail unit.
- Transit Oriented The Site benefits from direct access to higher-order transit, located less than 500M from the Dundas Street West TTC & Bloor GO stations.
- Intensifying area The Roncesvalles neighbourhood is experiencing raid intensification, with more than 3,998 multi residential units either planned or under construction as of Q2-2024. With a myriad of local amenities including shops, restaurants and green spaces, the locale is primed for continued intensification.
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459 Roncesvalles Ave (0 Objekte)
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Zuletzt aktualisiert
21. Juni 2024
