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Investment Highlights

  • Access to Transit
  • Natural Light
  • Signage

Executive Summary

Great investment property available for sale located off College Street. The building boasts a 32ft frontage along with lots of character. The electrical has been upgraded to 3 phase and there is a 25mm copper water service. Additionally, the second-floor apartment has been completely renovated and there have been numerous improvements made throughout the building. Vacant possession will be provided on closing.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,250 SF
Building Class
C
Year Built
1900
Price
$1,369,464 USD
Price Per SF
$1,095.57 USD
Cap Rate
3.83%
NOI
$52,448 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.29
Lot Size
0.10 AC
Zoning
CR
Frontage
31’ on Lippincott St
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Starbucks
Second Cup Cafe
El Rancho
T&T Supermarket ???????
Tim Hortons
CIBC
Royal Bank of Canada
Osmows
Smoke's Poutinerie
Pita Land
  • Listing ID: 31543794

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 74 Lippincott St, Toronto, ON M5S 2P1

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