For Sale: 270 Wellington Street West, Suite #104
This is one unique opportunity that won’t last long in today’s market. Locate your small business to this incredible Live/Work space in the heart of the Entertainment District in downtown Toronto.
Live in this extra large one-bedroom, one-bathroom ground floor condo while you run your small business in the street-level office/retail area of the condo.
No longer worry about landlords increasing your rent or evicting you from your space that you’ve worked hard to build – own your own piece of work/live space in one of the hottest Toronto neighbourhoods.
This work/live opportunity is designed perfectly:
- Private personal fitness studio
- Yoga or pilates studio
- Real Estate office
- Mortgage Brokerage
- Attorney office
- Accountant office
- Pop-Up Retail Space
- Music studio
- Bicycle sales & repairs
Currently being operated as a Florist studio, this location can’t be beat for servicing the downtown core – business signage permitted.
Buying a Work-Live Space in Toronto: 270 Wellington Street West, #104
Are you looking for ways to buy a live-work space in Toronto? Working from home is now here for the long-term, and although a den or dedicated space in your condo may be ideal, you may be looking for something a bit more formal for your business.
Live / work spaces are getting more and more popular every day and surely have their advantages.
Live-work spaces, one of the hottest new housing trends in Toronto these days, might just also be one of the oldest.
Traditional live-work spaces – where a store or workshop was operated on the ground floor while the owner’s family lived upstairs – are few and far between in Toronto’s downtown core, but with the huge increase in condo living over the past few decades, demand for spaces that can both be lived in and serve as a place of work has increased substantially.
More and more people are looking at this type of alternative as it’s becoming more and more expensive to run both a home and a place of work. And while some people still think it can be hard to find a good live-work space, there’s a lot of great opportunities like this one at 270 Wellington Street West, suite #104.
Benefits of Buying a Work/Live Space
The greatest demand for good quality work/live spaces in Toronto is amongst professionals in the creative industries, as well as young entrepreneurs. Unable (or unwilling) to pay the high-costs associated with purchasing or leasing office, workshop or studio space along with additional living space – and also not wanting to relocate to the suburbs – makes a combination of needs that can make a great deal of sense.
There are other benefits, too. For instance, work/live spaces not only provide a nice opportunity for people to live and work in the same place, but even enables them to eventually use it strictly as a home if they want to. Another alternative is to keep and rent it due to the high demand for such properties. As with any good real estate purchase, purchasing the right live-work space can also prove a good investment. That adds a tremendous amount of value to the proposition. The equity can be built up, and after all, real estate is still the most solid investment. And when you’re running things yourself, you need very little bit of help you can get.
If you’d like more information on this Work/Live space, simply fill out our form or email us directly at Romey@TorontoRealtyBoutique.com.