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343-349 Jane Street Toronto (Runnymede-Bloor West Village), Ontario M6S 3Z3

7 Bathroom 12421 sqft
Fully Air Conditioned Other

$4,200,000

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! **** EXTRAS **** Excellent mechanical equipment throughout the building. 600V 3-Phase Power; multiple Gas & Hydro meters; high-flow nat gas line; 2\" high-flow water line; new facade & glazing; security; development study, financials, floor plans available (id:58332)

Property Details

MLS® Number W9300271
Property Type Retail
Community Name Runnymede-Bloor West Village
AmenitiesNearBy Public Transit

Building

BathroomTotal 7
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 12421 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 108 Ft ,6 In
SizeFrontage 40 Ft ,6 In
SizeIrregular 40.5 X 108.5 Ft ; 4 Addresses Incl: 343, 345, 347, 349
SizeTotalText 40.5 X 108.5 Ft ; 4 Addresses Incl: 343, 345, 347, 349
ZoningDescription Cr2.5(c1;r2*1563)

https://www.realtor.ca/real-estate/27368023/343-349-jane-street-toronto-runnymede-bloor-west-village-runnymede-bloor-west-village

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Gus Skarlatakis
Broker of Record


Crescent Real Estate Inc.
347 Jane St
Toronto, Ontario M6S 3Z3

Shawn Lopes
Broker


Crescent Real Estate Inc.
347 Jane St
Toronto, Ontario M6S 3Z3

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