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54-56 Kensington Ave

Schedule a ShowingToronto C01, ON M5T 2K1
  • 54-56 Kensington Ave (1)
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54-56 Kensington Ave
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Property Description

Rarely Offered Opportunity In The Heart Of Toronto's Kensington Market. Fully Tenanted Building. Main Floor Retail: Management Office + Td Atm Machine, Vintage Boutique And Variety Store. 12 Apartments Above (Most Are Long-Time, Established Tenants): 2 One Bedroom Units And 10 Bachelor Units. 3 Parking Spots And Basement Fully Rented Plus Signage Income.

100% Occupancy With Waiting List. Annual Gross Income Of $247,299.60. Walk To Spadina/Chinatown, University Of Toronto, Toronto Western Hospital. Land Assembly Possible. New Roof In 2013. Building Is Being Sold As Is.

Key Details

  • Price$5,100,000
  • Square Footage7,047
  • UtilitiesA
  • MLS Listing ID #C3829539
  • Listing Provided By RE/MAX Realtron Realty Inc.

Location

  • Street Address54-56 Kensington Ave
  • CityToronto C01
  • StateON
  • ZIP/Postal CodeM5T 2K1
  • County
  • AreaToronto
  • SubareaKensington-Chinatown

Building

  • Basement DescriptionYes
  • Approximate Square Footage Range7047.00

Land

  • Lot Size Front51.50
  • Lot Size Side80.00
  • Conforms to ZoningCr (T2.0, C2.0, R1.5, H12.0M)

Listing

  • For Sale or Lease?Sale

Money

  • Property Taxes43003.02
  • Tax Year2016

Structures

  • Parking Spaces3

Systems

  • HeatingBaseboard
  • Sewage TypeSan+Storm
  • Existing WaterMunicipal

 

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