The Property is located on the south side of College Street, just east of Ossington Avenue, in the neighbourhoods of Dufferin Grove and Little Italy. These neighbourhoods support a wide variety of in demand restaurants, theatres, nightclubs, bars, shopping centres and market places. The vintage buildings here date back to the early 1900s and much of that character still remains more than a century later. The residential neighbourhoods are populated by many young professionals due to the proximity to the downtown core, and vibrant nightlife for which College West has become known. This three-storey building is a mixed use commercial and residential property. The ground floor contains 1,150 SF of currently vacant commercial space, while the 2nd and 3rd floors have been refurbished and are fully leased out to residential tenants each paying $2,500 per month. The lower level space is a vacant one bedroom apartment.. The projected net operating income is $90,000 per annum.
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