31 Elm St, Toronto, Ontario M5G 1H1

Introducing an exceptional investment opportunity in downtown Toronto – a rare, fully renovated commercial/residential building just steps from Dundas Square, at Yonge and Dundas. Offering 8.33% Cap Rate with 6,400 square feet across 4 levels, this versatile space is suitable for a range of uses including restaurants, schools, hotels, and more. Featuring first-class renovations while preserving its heritage facade, the property offers CR zoning for flexibility. Amenities include 4 parking spaces at the rear, street parking in front, and proximity to major landmarks and transit hubs. Vacant and ready for quick occupancy, this property presents a prime investment in one of Canada’s most vibrant districts. Main Floor and Basement (3,200 SF) are leased to a reputable brand-name food retail establishment for 10 years. Top 2 floors (3,200 SF) are available for multiple uses by the purchaser with existing newly built state-of-the-art office suites.