261 AUGUSTA AVE

Toronto, Ontario

M5T2M1
2,095,000
Retail
Investment Opportunity In The Heart Of Kensington Market!Building Is Fully Tenanted. With Main Floor Retail Space & Basement Storage & A Second Floor Residential Apartment. Very Well Maintained Building With A Completed New Roof. Potential For More Space In Basement.Significantly Under Market Rents With Renewals Approaching, Opportunity To Increase Cap Rate Over 5%.? Current Cap Rates Sitting At Around 4%.

**** EXTRAS ****
Popular Downtown Toronto Neighbourhood With Excellent Pedestrian Traffic, Plenty Restaurants, Boutique Shopping, Cafes & More. Just Steps To Queens Park,U Of T, St.George Campus,Subway,T.T.C. Street Car Access .Retail Area Includes Basement (id:6355)

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