193 1/2 Baldwin Street Toronto, Ontario M5T 1M1

$2,199,000

Located in one of the best locations in Kensington Market, directly across from Tom's Place and Blackbird Baking Co., and alongside Jimmy's Coffee, this fully renovated mixed-use property offers exceptional visibility and long-term value. The commercial space features impressive high ceilings, a new HVAC system, newly installed floor-to-ceiling store-front windows, and a new front entrance that creates outstanding street presence and curb appeal. Situated on one of the deepest lots in Kensington Market, the property offers significant future expansion potential. It is currently fully leased to a longstanding, high-quality retail tenant with approximately three years remaining on the lease. The residential apartment benefits from its own separate street entrance and private rear patio. Offering a cap rate of over 6%, this is a rare opportunity to acquire a premier income-producing asset in one of Toronto's most sought-after neighbourhoods. (id:61215)

Property Details

MLS® Number	C13417960
Property Type	Retail
Community Name	Kensington-Chinatown
Amenities Near By	Public Transit

Building

Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	2,100 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Size Depth	134 Ft ,11 In
Size Frontage	15 Ft ,6 In
Size Irregular	15.58 X 134.99 Ft
Size Total Text	15.58 X 134.99 Ft
Zoning Description	Cr2(c2;r1.5*2457)

https://www.realtor.ca/real-estate/29874130/193-12-baldwin-street-toronto-kensington-chinatown-kensington-chinatown