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.
Full Property Details
General
Business Type
Apts - 13 To 20 Units
Total Area
5855.56 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Apts - 13 To 20 Units
Total Area
5855.56 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Baseboard
Air Conditioning
Part
Washrooms
0
Heating Fuel
Baseboard
Air Conditioning
Part
Exterior
Depth
106.0
Front
55.0
Lot Size
55 x 106.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
EL, R (d1*803)
Depth
106.0
Front
55.0
Lot Size
55 x 106.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
EL, R (d1*803)
Building Description
Home Type
Commercial
Subtype
Investment
Sewers
Sanitary
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Sewers
Sanitary
Water Supply
Municipal
Possession Date
No Data
Community
Community
Roncesvalles
Community
Roncesvalles
Taxes & Fees
Taxes
$55,246 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$55,246 /yr
Tax Year
2025
Occupancy
Tenant
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