REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
Est. payment /mo
New
545 Annette ST Toronto W02, ON M6S 2C3
6,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Municipality Toronto W02
Subdivision Runnymede-Bloor West Village
MLS Listing ID W13753866
Annual Tax Amount $30,670
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Rare Bloor West Village Trophy Asset - A Retail Plaza In The Middle Of The City. Fully Tenanted 8-Unit Mixed-Use Corner Building At The Signalized Intersection Of Annette St & Runnymede Rd: 4 Retail Storefronts + 4 Residential Apartments (~5,800 Sf Total) On A Large Corner Lot With ~138 Ft Of Prime Exposure On Two Arterials. 100% Leased With A Long-Tenured, Complementary Service Tenant Mix. Two Commercial Leases Carry Contractual Annual Escalations Through 2030 - Organic Noi Growth With No Renewal Risk. Net Operating Income $189,009 (5.94% Cap At List), Growing To A 6.43% Cap Over 5 Years On Signed Contracts And Guideline Increases Alone; Market Rents Support A 6.91% Stabilized Cap. Recent Capital Improvements: Boiler (2024), Roof (2025). Steps To The Bloor West Village Retail Strip, Runnymede Ttc Subway Station And High Park; Quick Access To Downtown & Etobicoke Via The Gardiner. Official Plan: Mixed Use Areas; CR Zoning - As-Of-Right Permissions For Additional Height And Units Offer Long-Term Development Upside. Easy To Lease, Easy To Manage, Impossible To Replicate.
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Zoning CR 2.0 (c1.0; r1.5) Commercial Residential
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 44.83
Lot Depth 94.0
Others
Security Features No
ParcelsYN No
Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.