843-839 Somerset Street W, West Centre Town, ON K1R 6R6
West Centre Town
Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120,000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses.The adjacent unit has recently been rented on a 5 year lease with a 5% yearly escalation starting at $6,400/month + HST. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63,000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 6 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don't miss your chance to own a versatile, income-generating property in one of the city's most dynamic neighbourhoods.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 843-839 Somerset Street W, West Centre Town, ON K1R 6R6
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X12720182
Listed by RE/MAX HALLMARK REALTY GROUP
On market since Jan 22, 2026
843-839 Somerset Street W, West Centre Town, ON K1R 6R6 is listed for $2,100,000 CAD.
843-839 Somerset Street W, West Centre Town, ON K1R 6R6 is a Commercial Retail, 5,446 sq ft.
843-839 Somerset Street W, West Centre Town, ON K1R 6R6 is in West Centre Town, Ontario.
843-839 Somerset Street W, West Centre Town, ON K1R 6R6 is currently for sale.
The annual property taxes on 843-839 Somerset Street W, West Centre Town, ON K1R 6R6 are approximately $39,105 CAD.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 843-839 Somerset Street W, West Centre Town, ON K1R 6R6 (MLS# X12720182). You can also send a message through the contact form on this site.
