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2340 BLOOR STREET W, Toronto (Runnymede-Bloor West Village) — listed at $1,750,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Prime Bloor West Village Mixed-Use Asset with Proven Stability & Immediate Upside. Exceptional opportunity on one of Toronto's premier retail corridors with high visibility and incredible pedestrian traffic. This two-storey building features a 962 sq. ft. main-floor retail unit currently occupied by a AAA tenant (Second Cup) with a highly secure 40+ year tenancy history in the 2nd year of a 10-year lease. Value-add potential lies in the vacant 1,002 sq. ft. 3-bedroom upper apartment with a projected market rent of $3,000/month. Plus, a spacious rear patio space for an additional seating area and a dedicated parking space. Ideally zoned CR (Commercial Residential), it provides exceptional flexibility for a variety of mixed-use applications and long-term redevelopment opportunities. The perfect acquisition for investors seeking a well-establishedcommercial asset in the highly desirable Bloor West Village market. Rarely available opportunity and first time on the market in 50+ years! (id:60164)
How is the home heated? Is it efficient?+
Heating is baseboard heaters, electric. Electric heating can mean higher winter bills — ask for past utility statements.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 1 space — No Garage.
How is the space laid out across floors?+
This is a 2-storey single family. The 3 bedrooms and 1 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What makes this a luxury property?+
At $1,750,000, the premium reflects location, finishes, and lot. In this price range, expect higher-end finishes — verify during a showing.
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