157-159 Jane St, Toronto, ON

The one you have been watching and hoping for is finally here, and well worth the wait. Held by one family for more than forty years, this detached three storey solid brick building sits on a rare 50 x 109 ft lot with a rear lane, steps to Jane Station, Bloor West Village and Baby Point. Four two bedroom apartments sit above two ground floor commercial units, plus a full basement with front, rear and side access. The upside is immediate: a vacant front unit ready to lease, occupy or convert on closing, rents well below market, a rear lease ending January 2027 and room for a seventh unit below. Every apartment has generous storage and its own basement locker. Hydro is separately metered with a panel in every unit, plus 4 parking spaces off the lane. In a Major Transit Station Area, the land itself invites an addition, extension or full rebuild. Buildings like this rarely come to market. Offered unpriced, with offers Tuesday, November 10, 2026 at 2:00 pm.