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34 Noble ST S Toronto W01, ON M6K 2C9
5,855 SqFt
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,855 sqft
Municipality Toronto W01
Subdivision Roncesvalles
MLS Listing ID W13127736
Annual Tax Amount $55,246
Tax Year 2025
Property Sub-Type Investment
Property Description
The offering presents the opportunity to acquire a 100 percent freehold interest in 34 Noble Street, Toronto, Ontario (The "property" or the "site"). The property offers investors a compelling opportunity to acquire an 18-unit hard loft style apartment building in Toronto's Queen West Neighbourhood. The property has undergone significant capital investment under current ownership, with 12 of 18 suites fully renovated to a high standard and an additional 2 suites partially renovated. In-place rents on the renovated stock have held firm despite broader softness in the Toronto rental market, and the remaining 4 unrenovated suites provide a clear path to continued NOI growth as units turn. The building's authentic hard loft character - exposed brick, timber post-and-beam construction, and oversized windows - provides a durable competitive advantage that new construction cannot replicate and underpins long-term rental growth prospects.
Location
Province ON
County Toronto
Community Toronto W01
Area Toronto
Zoning EL, R (d1*803)
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 55.0
Lot Depth 106.0
Others
ParcelsYN No
Listed by CUSHMAN & WAKEFIELD
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