1071-B Bloor Street

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 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.