416 OAKWOOD AVENUE, Toronto (Oakwood Village), Ontario, M6E2W3

Property Description

Prime Mixed-Use Investment Opportunity in Midtown Toronto. Introducing a fully renovated mixed-use building offering both strong commercial potential and stable potential residential income. This property is ideally situated in the heart of Midtown Toronto, surrounded by world-class amenities and easy access to major city landmarks. 8 modern apartments located on the upper levels, fully renovated and awaiting occupancy. All units are currently vacant, providing the opportunity to lease at market rates once permits are finalized. 2 spacious main floor commercial units with excellent frontage, ideal for retail, professional, or service-based businesses. Unfinished basement provide added potential for storage or future development. Renovations have been completed from top to bottom, with occupancy pending final permit approvals, including HVAC and related building systems. Centrally located near Toronto's leading universities, major hospitals, sporting venues, and cultural attractions. Easy access to public transit, major highways, and the downtown core ensures consistent traffic and convenience. This rare mixed-use property combines future-ready residential income potential with flexible commercial opportunities. With all units vacant and awaiting final permits, investors benefit from a turnkey asset positioned to capture strong rental demand in one of Toronto's most desirable Midtown locations. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 7,818 sq ft (726.3 m²)
• Frontage: 50 ft (15.2 m)

Costs

• Annual Taxes: $28,396.00

Listing Provided by: RED APPLE REAL ESTATE INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.