343-349 Jane ST Active

Toronto W02,ON M6S 3Z3

$ 4200000

- Bed

7 Baths

12421 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,421 sqft

Price per Sqft $338

MLS Listing ID W9300271

Annual Tax Amount $49,677

Tax Year 2024

Property Description

Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time!

Location

Province ON

County Toronto

Community Public Transit,Subways

Area Runnymede-Bloor West Village

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Public Transit,Subways

Utilities Available Yes

Others

Security Features Partial

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