7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turn-key investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.
This Commercial Retail located at 350 Booth Street, West Centre Town, ON K1R 7K4 is currently for sale and has been available at Kash Invest for 319 days. This property, in the city of West Centre Town and 4205 - West Centre Town neighborhood, is listed at $2,198,000 with an estimated mortgage of $10,279* per month. It has an area of 53.5x74.62 sqft with 0 beds and 0 BR. Waterfront Communities C1, Weston and Bradford are nearby neighbourhoods.