419 Jane Street, Toronto (Runnymede-Bloor West Village) - Retail for Sale
419 Jane Street, Toronto (Runnymede-Bloor West Village), Ontario, M6S3Z7
2 parking2,265 ft²21 × 120 ft (2,460 sq ft) lot sizeListed 9 days ago
Overview
This retail property in Toronto is for sale offering roughly 2,265 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 38 days.
Exceptional mixed-use investment opportunity just steps from Jane Station and the vibrant neighbourhoods of Bloor West Village and Baby Point. The approximate 1,200 sq. ft., 10' high main-floor commercial unit is currently vacant, offering immediate flexibility for an owner-user or investor. Its versatile layout includes a spacious reception area, open-concept studio or showroom, and a separate side entrance that may provide potential for subdivision or supplementary rental income. At the rear, a kitchenette offers direct access to the backyard loading area, one parking space and the basement. Approx. seven-foot-high basement is fitted with wall-mounted storage racks and is well suited to storage, inventory or preparation use. The upper-level residential unit features hardwood flooring, abundant natural light and a large skylight illuminating the hallway. The functional layout includes one bedroom, a formal living room, dining room, separate kitchen and four-piece bathroom. A large office can be readily converted into a second bedroom, while the rear work area currently accommodates laundry, preparation and office functions. The unit is occupied by established tenants and includes one parking space. Electricity and gas are separately metered. The property is serviced by two gas-fired hot-water boilers supplying radiator heat. The main-floor commercial space also features a heat pump for air conditioning, while the upper residence uses a window air-conditioning unit. Two private parking spaces are accessible from the laneway. Located within a Major Transit Station Area and positioned on an excellent lot, the property offers compelling long-term potential for an addition, expansion or comprehensive redevelopment, subject to municipal approvals. An outstanding opportunity to acquire a well-located mixed-use asset with immediate owner-user flexibility, established residential tenancy and future upside. (id:66096)
Property Details
MLS®
W14119104
Property Type
Retail
Zoning
RM(f12;u2;d0.8*252)
Parking
2
Interior Size
2,265 ft²
Lot Size
21 × 120 ft (2,460 sq ft)
Frontage
21 ft
Heating
Hot water radiator heat, Natural gas, Radiator
Cooling
Partially air conditioned
Property Tax
$12,294/yr
Listed
9 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
9d
Toronto (Runnymede-Bloor West Village) listings, avg age
38d
Price / ft²
$618
List price
$1.40M
Active: 9 days on market, against an average age of 38 days across the listings currently for sale in this city
Market timing · days on market0 → 38d avg age of current listings
Active · day 9
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This retail in Toronto (Runnymede-Bloor West Village) has been listed for 9 days, which is 29 days fresher than the city average of 38. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (M6S)
This home lists at $1,399,000, about 13.0× the local median household income of $108,000.
Carrying it typically needs a household income of about $273,274 (20% down, 25-yr amortization, stress-tested) — roughly 153% above the area median.
Median household income
$108,000
Population
34,029
Median age
41.6
Owner / renter
68% / 33%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA M6S)
$1,399,000· $618/ft²
For sale
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