294-296 College St
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294-296 College St
8,920 SF 100% Leased Retail Building Toronto, ON M5T 1R9 For Sale
Executive Summary
Rare investment opportunity in the heart of downtown Toronto. Steps from University of Toronto, Chinatown and Kensington Market
Income producing asset with great long term development potential
Rental income: Second floor is occupied by national corporate Tenant in award winning constructed office space
Ground floor retail: has been left vacant to allow for new retail leases for new buyer to secure
Unit 2 – Currently occupied by month-to- month tenant and can be vacant on possession
Unit 1 – Formerly occupied by virtual reality store
Second floor office: Occupied by Kinka Management Inc. head office (corporate lease)
Environmental Report: Phase 1 and Phase 2 from 2016
Income producing asset with great long term development potential
Rental income: Second floor is occupied by national corporate Tenant in award winning constructed office space
Ground floor retail: has been left vacant to allow for new retail leases for new buyer to secure
Unit 2 – Currently occupied by month-to- month tenant and can be vacant on possession
Unit 1 – Formerly occupied by virtual reality store
Second floor office: Occupied by Kinka Management Inc. head office (corporate lease)
Environmental Report: Phase 1 and Phase 2 from 2016
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,920 SF
Building Class
C
Year Built
1925
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.86
Land Acres
0.11 AC
Zoning
CR
Frontage
38 FT on College St
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Biker's Paradise (100)
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294-296 College St
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