96 HARBORD STREET

Old world charm meets a modern addition in this exceptional, fully tenanted investment property, just steps from the University of Toronto, in a location that simply cannot be better. Lovingly owned and meticulously maintained by the same owners for nearly two decades, with no corners cut, the property is now ready to pass the torch to a new generation of ownership. The property comprises a beautiful detached Victorian building fronting on Harbord Street, together with a modern, newly constructed two-unit residential building at the rear with convenient laneway access. The front building features an established fine-dining restaurant on the main floor that has been ranked among Canada's top 20 restaurants, a boutique music school in the lower level, a two-bedroom apartment on the second floor, and two one-bedroom loft-style apartments on the third floor. The rear addition offers a one-bedroom apartment and a spacious three-bedroom loft apartment with two large balconies. Fully occupied by stable, long-term AAA+ tenants and generating a strong income stream with an impressive cap rate. 2 Parking. Ideally located close to TTC, shops, cafés, fine dining and professional offices. (id:67197)

Price

$3,950,000

Property Type

Retail

Transaction Type

For sale

Parking

2

MLS® Number

C13752642

Interior Size

5000 sqft

Cooling

Fully air conditioned

Fireplace

No

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

5000 sqft

Water

Municipal water

Size Frontage

21 ft

Size Depth

115 ft

Acreage

No