3645 Bathurst Street, Toronto C04

$6,799,000
3645 Bathurst Street

$6,799,000

New
8d
Investment

3645 Bathurst Street, Toronto C04

Total Monthly Obligation $34,109

Beds
0
Baths
0
Park
0
DOM
8d
Property Type-Investment
MLS® Number-C14083414
Beds-0
Lot Size-113.42 × 159.12 ft
Listed on site-Oct 15, 2026
Building Type-Investment
Taxes-$75,705.15 (2025)
Parking-Outside/Surface
Heating-Gas Forced Air Closed
Brokerage-THE BEHAR GROUP REALTY INC.
Cooling-Partial
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-Flexible
Neighbourhood-Bedford Park-Nortown
Title-Commercial

No agent assigned

Exceptional opportunity for developers, end users and retail investors to acquire a multi-tenant commercial property with future redevelopment potential on Bathurst Street, just south of Highway 401. Situated on a 0.42-acre corner lot with approximately 113 feet of Bathurst Street frontage and on-site parking, the property combines prominent exposure, existing rental income and substantial vacant space with the opportunity to explore future residential/mixed-use redevelopment, subject to municipal approvals. Known as the former "Sea-Hi" building, the property comprises approximately 17,955 sq. ft., including 9,172 sq. ft. above grade and a substantial 8,783 sq. ft. lower level. Offering a mix of retail and office space, approximately 4,451 sq. ft. is currently leased, with vacant space providing flexibility for a purchaser's own occupancy, lease-up and repositioning. The large vacant lower level features high ceilings and additional income potential. Recent improvements include upgraded storefronts, windows and building systems. Situated within a Mixed Use designation along an evolving commercial corridor, the property benefits from nearby redevelopment activity fronting Bathurst Street, including approved rezoning at 3736-3750 Bathurst Street for a 32-storey tower and 10-storey mid-rise comprising 479 residential units and ground-floor retail. This nearby approval highlights the corridor's ongoing shift toward higher-density mixed-use development and supports the opportunity to investigate the subject property's longer-term redevelopment potential. Located next to Starbucks and close to established residential neighbourhoods, shops and amenities, with convenient access to Highway 401, Allen Road and public transit.

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Closing Costs

Mortgage Amount
$5,439,200
Land Transfer Taxes$156,450
Legal Fees (Est.)
$
Total cash required for closing$1,517,750

Total Monthly Obligation

$34,109/mo
Mortgage $27,425
Monthly Loss $26,892
Principal$7,217
Interest$20,208
Property Tax$6,309
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3645 Bathurst Street

Time

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