$ 4,800,000
-
$4,800,000
Price -
0
Bed -
0
Bath -
14,324
SqFt
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About the Listing 478300 -
691-701 Somerset Street West is one of Chinatown’s most recognizable and identifiable commercial properties. Immediately visible from the Royal Gateway at Bronson Avenue, this investment represents the opportunity to own a fully tenanted building in a prestigious location. The site area for the property is 7,592 sf with a total of 14,324 rentable square feet over the first and second floors. Serviced with both an elevator and spiral staircase, the second floor provides a 7,327 sf unit, where the ground floor unit provides approximately 3,430 sf. Both units have executed 5-year leases in 2024. Three additional retail units on the ground floor are also leased. A 7,167 sf lower-level parking garage provides approximately 16 parking spots accessed from Cambridge Street North. The site also benefits from ample street parking and a parking lot to the west of the property.
Listing Highlights for 691-701 Somerset St W
Status
Active
Days on Site
315
Property Type
Commercial Sale
MLS ®
X9768534
Year Built
Total Square Footage
14,324
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Partial
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Unknown
- Others:
- Sewer: Unknown
- Parking Features: Underground
Financial Details
- Tax Amount: $64,475
- Taxes w/Assessments: N/A
- Tax/Property ID: 041110214
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
691-701 Somerset St W West Centre Town, ON K1R 6P5
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