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307 Pacific Avenue
Junction Area Toronto M6P2P8

$2,299,000 /For Sale
Commercial

Main Photo: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 1: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 2: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 3: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 4: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 5: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
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Photo 22: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
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Photo 26: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 27: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
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Photo 34: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 35: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 36: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 37: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Photo 38: 307 Pacific Avenue in Toronto: Junction Area Property for sale (Toronto W02)  : MLS®# W5762727
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W5762727
Bus Major:
Apts-6 To 12 Units
Grand 2.5 Storey Victorian Multiplex On Coveted Pacific Avenue, Circa 1888 Detached With Period Brick Facade, Inviting Front Porch, 6 Well Designed Suites, Stained Glass, Interior & Mechanical Renovation In 2006, Over 3,500Sq.Ft Finished On 4 Levels, Roof & 3rd Floor Deck Fall 2021, 6 Hydro Meters, 5 Gas Meters, Fire Panel & Alarm Pull Stations, Convenient Coin Op Laundry, Multiple Decks & Outdoor Space For Tenants, Property Fully Tenanted: $113.5K Gross Income, $13.5K Expenses, $100K Net Income. 4.35% Cap Rate At List. Low Maintenance 25' X 78' Lot; Tenants Manage Refuse & Snow, Short Stroll To The Junction & Bloor West Village Shopping & Entertainment, High Park, Ttc.
Property Type:
Commercial
Commercial Type:
Investment
Approx. Age:
100+
Depth:
78'
Frontage:
25'
Total Area:
3,500 sq. ft.
Office/Apt Area:
3,500 sq. ft.
Zoning:
Residential
Heating type:
Baseboard
Basement:
Full
Garage:
None
Total Parking Spaces:
0
Possession Details:
30-60 Days
Taxes:
$6,617.27 / 2021
Assessment:
$- / -
Junction Area
Incl: 6 Fridges, 6 Stoves, 4 Rangehoods, 2 Microwave/Rangehoods, Coin-Op Washer & Dryer, On Demand Hot Water, Light Fixtures. Excl: Tenant Belongings. Plumbing/Electrical 2006, Basement Renovated In 2012; Suites 1, 3 & 4 Updated 2021
Public Transit, Subways
None
Utilities:
Y
Green Property Information Statement:
No
Energy Certification:
No
Water supply:
Municipal
Seller Property Info Statement:
No
Air Conditioning:
N
Crane:
No
Chattels:
Yes
Log/Bldg/Unit Code:
Lot
Outside Storage:
No
Rail:
No
Soil Test:
No
Sprinkler system:
No
Survey Available:
No
Type Taxes:
Annual
Category:
Apartment
Major Business Type:
Apts-6 To 12 Units
Financial Statements:
No
Franchise:
No
Freestanding:
Yes
Gross income:
$113,330
Expenses Actual/Estimated:
Actual
Heating Expenses:
543
Hydro Expenses:
1318
Insurance Expenses:
2611
Tax Expenses:
$6,617
Water Expenses:
$2,267
Year Expenses:
2021
Net Income Before Debt:
$100,000
Date Listed:
Sep 14, 2022
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE CONNECT REALTY, BROKERAGE
Data was last updated September 24, 2022 at 08:55 PM (UTC)