955-957 Bloor St Local commercial 830 m² 100 % Loué À vendre Toronto, ON M6H 1L7 4 041 178 € (4 870,00 €/m²)

The two buildings anchor the south-west corner of Bloor Street West and Delaware Avenue, just steps to the TTC subway, Ossington Station, Delaware entrance directly across the street. Together 955 & 957 Bloor St. West provide a contiguous parcel with Bloor Street frontage of 49.8 feet and total lot area of 5,005.22 SF. Combined, the properties provide eight residential units on floors 2 & 3 and at street level, fronting Bloor Street, two commercial-retail units with full basements. Permitted boulevard parking provides four spaces along Delaware Avenue. The month to month lease terms of both street level commercial units provides opportunity to conjoin the units, refurbish the retail space, upgrade the tenant and rent reflecting the larger and updated space, showcasing the high-visibility corner exposure.
REDEVELOPMENT OPPORTUNITY | DENSITY INFILL | TOP UP POTENTIAL - Available for immediate enactment or as a future value-add exit plan.
o Newly Enacted Zoning: By-Law identifies the site for a maximum height of 6-storeys, and a maximum floor space index (FSI) of 3.85.

o An Additional 3-Storeys: To building height is permitted. This provides potential reconfiguration of the building to accommodate permitted residential and commercial retail uses to maximum height 20 meters (65.6 ft.).
WHY THIS LOCATION WORKS

o Massive Visibility: Nearly 150 feet of wrap-around frontage on a high-traffic corner, perfect for a signature brand presence.
o Excellent Transit Access: Located just 70-meters from the Ossington Subway entrance, (Delaware Ave.) benefits tenants by providing employees and customers’ easy access.
o The "Parking Unicorn”: The site includes 4-dedicated boulevard parking spaces – (under a City Boulevard Agreement) a feature that is virtually non-existent for retail on Bloor West - or with possibility to convert to outdoor patio - subject to municipal approval.
o Flexible Footprint: We can offer a contiguous block of up to perhaps 4,000 sq. ft. (Ground + Basement) or a curated smaller footprint depending on requirements.
o Synergistic Opportunities: As the "Ossington Effect" continues to move north and west, this corner is positioned to be the neighborhood’s next landmark. The arrival of Piano Piano in early 2025 as a neighbour at 1006 Bloor St W - a 3-minute (230M) walk, validates the gentrification of the local market and indicates opportunities for a new hospitality entry at 955-957 Bloor St W.