Primary photo of 1071-B BLOOR STREET W, Toronto (Dufferin Grove)
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Business For Sale

$30,000

1071-B BLOOR STREET W

MLS® Number: C12692662

Floor Area

2,400

About This Property

The law firm has been in continuous operation for approximately fifty-two (52) years and has conducted business under the name Menzies and Von Bogen Law Firm. Over this period, the firm has developed an established client base and ongoing professional relationships. The practice provides legal services and also engages in private mortgage transactions. The contemplated sale includes the goodwill of the firm, existing clients, investment clients, private mortgagees, and office equipment used in the operation of the business. The firm currently operates with an experienced lawyer and legal secretary who are knowledgeable in the firm's areas of practice and familiar with its clientele and procedures. Details regarding staffing and transition arrangements may be discussed further with interested parties. The business premises are located at street level on Bloor Street, offering direct public access and visibility. The location benefits from significant pedestrian traffic and is situated near the Dufferin Subway Station. The property is within walking distance of Dufferin Mall, financial institutions, restaurants, and other amenities in the Bloor Village area. The leased premises consist of approximately 1,200 square feet on the main floor and an additional 1,200 square feet in the basement, for a total of approximately 2,400 square feet. Two parking spaces are included with the lease. The existing lease documentation is available for review upon request. The current monthly rent is $5,263.72 plus HST, with the tenant responsible for a small portion of commercial property taxes and utilities. The lease term expires on December 31, 2026. The landlord is described as cooperative and responsive. The new owner can negotiate for an extension of the lease.

Property Details

Interior Details

Cooling

Fully air conditioned

Heating

Baseboard heaters, Forced air, Natural gas

Living Area

2400 sqft

Land & Location

City Region

Dufferin Grove

Frontage Length

20.0 feet

Lot Size Dimensions

20 x 110 FT

Postal Code

M6H1M5

Listing & Financials

Listing Office

HOMELIFE/LOCAL REAL ESTATE LTD.

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

2

Mortgage Calculator

20% ($6,000)
5.5%
25 Years

Estimated Monthly Payment

$147

Principal and interest only. Actual rates may vary.

Location & Map

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List Property1071-B BLOOR STREET W - Business for Sale in Toronto (Dufferin Grove), Ontario | MLS® C12692662