14 Afton Avenue Toronto, Ontario M6J 1R7

1,496 ft2
Fully Air Conditioned Forced Air

$1,349,000

14 Afton Avenue is an R(d1*804)-zoned mixed-use property in Toronto's vibrant and revitalized Little Portugal, on a corner lot at Queen St W and Beaconsfield. MPAC classifies the 1894 building as a duplex (Property Code 332), meaning two dwelling units. In current use, the ground-floor unit is operated as a ~1,200 sf retail storefront (legalized under site-specific exception R(x804)) and is leased month-to-month to Inabuggy Inc at $3,500 plus HST. The upstairs residential unit is leased at $2,500/mo per the owner; corridor rent benchmarks (20 Afton at $4,200, 8 Grafton main at $3,995) suggest market for a comparable unit is closer to $4,000, so the in-place rent sits roughly $1,500/mo below market. A great opportunity for an investor or live upstairs and run your business ground level. Impressive Density Within Walking Distance With Guaranteed Foot Traffic Every Day. Storefront Space Is Ideal For Art Gallery, Convenience, Cafe,Specialty Food Or Service, Real Estate Office, Morgtage Broker or a variety of possible uses. (id:63616)

Property Details

MLS® Number C13422702
Property Type Retail
Neigbourhood Little Portugal
Community Name Little Portugal
Farm Type Other

Building

Appliances Dryer, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 1496 Sqft
Size Interior 1,496 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 90 Ft
Size Frontage 17 Ft ,6 In
Size Irregular Bldg=17.58 X 90 Ft
Size Total Text Bldg=17.58 X 90 Ft
Zoning Description R(d1*804)

https://www.realtor.ca/real-estate/29878975/14-afton-avenue-toronto-little-portugal-little-portugal

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