Property Description

Welcome to Red Cap Corner, ideally located at the northwest corner of 25th Ave and 4th Street N.W. in the sought-after inner-city community of Mount Pleasant! This rare find is a multiuse commercial building built in 1999 and has been well maintained throughout – pride of ownership is evident. The main floor consists of five tenanted areas, including Plush Beauty Bar, Tru Therapeutics Massage Therapy, The Velvet Café (which has a lovely patio and an outstanding chef), a Real Estate Office, and an Executive Centre with shared space which includes four private offices. A unique aspect of this property is that it also includes THREE residential rental suites on the second floor consisting of two one-bedroom suites (710 sq ft each) and one two-bedroom suite (1050 sq ft) with a secure entry. Each self-contained unit comes complete with a fridge, stove, dishwasher, washer, dryer, in-floor heat (each with its own boiler and hot water tank), fireplaces in two units and comfortable balconies with views. Longevity was top of mind when building this property with a red cement tile, brick and tile exterior. Enjoy the convenience of 11 off-street paved parking stalls with proper drainage as well as ample street parking. Prime location close to homes, condos, restaurants, parks, transportation, and various other businesses and conveniences. This turnkey opportunity is not to be missed!

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