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34 Noble ST S Toronto W01, ON M6K 2C9
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
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