$2,749,900
Toronto
802 Bloor Street West, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6G1L9
This retail property in Toronto is for sale offering roughly 3,300 sq ft of space.
A rare opportunity to own a landmark mixed-use property in one of Toronto's most sought-after neighbourhoods. Properties of this calibre are often held within the same family for generations as is this. Ideally situated on prestigious Bloor Street West in Bloorcourt Village, this prime commercial/residential building is just steps from Christie Pits Park, Christie and Ossington subway stations, and surrounded by trendy cafés, restaurants, boutiques, bars, and everyday conveniences. Bordering Koreatown and The Annex, this vibrant High Traffic location continues to be one of Toronto's strongest investment corridors. The property features approx 1,100 sq. ft. of prime main-floor commercial space, an additional 850 sq. ft. bsmt, and FOUR fully leased residential apartments, providing immediate, stable rental income. The commercial unit is now vacant for the first time in 18 years following the tenant's retirement. This presents a rare opportunity for an owner-operator or investor to maximize the property's potential. The versatile commercial space is ideally suited for a medical or dental practice, law office, accounting firm, wellness clinic, psychologist, beauty or esthetics business, boutique retail, specialty services, or even restaurant use, subject to standard approvals. A standout feature is the private, fully fenced, and interlocked rear yard/patio. Set on an impressive 120-foot-deep lot-significantly deeper than the typical 95-100 foot lots along Bloor-this exceptional property offers tremendous long-term REDEVELOPMENT potential. The generous lot size may provide opportunities for future expansion, additional building area, or the construction of Laneway Suites, increasing income and value. Whether you're seeking a premier Owner-User opportunity, a high-performing investment, or a trophy asset in one of Toronto's most dynamic neighborhoods this is your chance to acquire a Landmark Bloor St. property with immediate cash flow and significant long term UPSIDE. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 106 days on market, against an average age of 56 days across the listings currently for sale in this city
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.
This retail in Toronto (Dovercourt-Wallace Emerson-Junction) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,749,900, about 30.2× the local median household income of $91,000.
Carrying it typically needs a household income of about $537,152 (20% down, 25-yr amortization, stress-tested) — roughly 490% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6G)
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