For saleMLS® C12467579

563 Bloor Street W, Toronto, ON M5S 1Y6

University, Toronto · Near Bloor St West and Bathurst St · View map

$3,900,000
3Baths
2335.77Sq ft
Commercial retailType
NoneParking
$32,021/yrTaxes
$3,900,000
FreeholdNo monthly condo fee
Lot 21.5 x 106.9 ftThe land comes with the home

About this home

An Exceptional Commercial Investment Opportunity Awaits In The Heart Of Toronto's Highly Sought-After Annex Neighborhood, With Proximity To The University Of Toronto's St. George Campus. This Three-Story Building, Complete With A Basement, Offers Immense Potential For Savvy Investors Looking To Capitalize On The Prime Location And Vibrant Surrounding Area. The Building Features Two Spacious, Well-Maintained Apartments On The Second And Third Floors, Offering Consistent Rental Income Potential Or The Opportunity For Conversion Into Higher-End Residential Units. One Of The Units Is Currently Used As An Office Space. On The Main Floor, You'll Find A Thriving, Fully Operational Restaurant, Benefiting From Unparalleled Visibility And Foot Traffic In This Bustling Urban Area. The Restaurant Attracts A Steady Stream Of Customers, Including University Students, Faculty, And Local Residents, Making It A Prime Spot For Continued Success Or Potential Repositioning. The Full Basement Provides Valuable Storage Space, With Potential For Additional Development To Further Maximize The Property's Value. This Property Is Ideally Situated Near Transit, Dining, Shopping, And Cultural Hotspots, Placing It At The Center Of A Rapidly Growing And Dynamic Community. With The University Of Toronto's St. George Campus Just Steps Away, The Location Offers Long-Term Growth Potential And A Unique Opportunity For Commercial Investors To Expand Their Portfolio In One Of Toronto's Most Vibrant Neighborhoods. Don't Miss Out On This Incredible Opportunity!

The home

Type
Commercial retail
Square footage
2335.77 sq ft
Bathrooms
3
Lot size
21.5 x 106.9 ft
Approximate age
51-99 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$32,021/yr
Tax year
2024
Occupancy
Owner
Possession
Immediate
Cross street
Bloor St West and Bathurst St
Neighbourhood
University

More

MLS® number
C12467579

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$18,400per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    563 Bloor Street, Toronto, ON M5S 1Y6

    University, Toronto · Near Bloor St West and Bathurst St

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 563 Bloor Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 563 Bloor Street W

    Answers come straight from this home’s MLS® listing.

    How much is 563 Bloor Street W listed for, and what would it cost each month?

    563 Bloor Street W is listed for $3,900,000. With 20% down ($780,000), the mortgage payment would be roughly $15,732 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $18,400 a month, all in. That figure is an illustration, not a quote.

    Is 563 Bloor Street W freehold or a condo, and is there a monthly fee?

    563 Bloor Street W is a commercial retail in University, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 563 Bloor Street W have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 563 Bloor Street W?

    563 Bloor Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 563 Bloor Street W, and what is the lot size?

    The lot is listed as 21.5 x 106.9 ft.

    How is 563 Bloor Street W heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for 563 Bloor Street W?

    Property taxes are $32,021 a year (2024), or about $2,668 a month.

    Where is 563 Bloor Street W?

    563 Bloor Street W is in the University community of Toronto. The nearest main intersection is Bloor St West and Bathurst St. The postal code is M5S 1Y6.

    Is 563 Bloor Street W still for sale?

    Yes. It is an active listing (MLS® C12467579). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 563 Bloor Street W asking?

    Similar properties for sale nearby right now include Main Floor - 563 Bloor Street W at $375,000, 2400 Bloor Street W at $3,999,000 and 2218 Bloor Street W at $4,250,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 563 Bloor Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 563 Bloor Street W?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

    Call Text Explore Home value

    Have questions?

    Call or text today — we're here to help.

    647-931-3923
    CallText