2963 Dundas Street W, Toronto, Ontario, Canada, M6P1Z2
2,988,000
for Sale
About the property:
Located in the Best block in the Junction this meticulously maintained 3 storey property is just shy of 6,000 sq. ft, and is filled with character and possibilities. Currently configured as 5 large, beautifully updated, apartments with private terraces and up to a total of 14bedrooms, this property boasts the potential of achieving an estimated cap rate of over 6% for an investor. The building can also be offered with vacant possession allowing for many possibilities for a user including LIVE/WORK, or the 2,241 sf main floor could be converted to a commercial use with souring 14' ceilings making a perfect location for a retail, hospitality, or services business with ample auxiliary income from the floors above. Front entrance to lower level. A Green 'P' surface parking lot with electric charging stations and Bikeshare docks backs on to the property and is accessible by a rear gate. 24 hour bus at front door, walking distance to Bloor Subway, UP Express & Stockyards Mall. Seller may consider VTB 2nd mtge at terms to be negotiated.
Extra info:
6 separate hydro & gas meters. High efficient gas heating, AC, updated washrooms w/ full sized tubs, kitchens with fridges stoves, dishwashers, microwaves & double sinks. The upper unit features large deck, skylights and electric fireplace, full size washer & dryer.Throughout the building: fresh paint, fire extinguishers, and lighting.
Investment
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- Property Type:
- Investment
- Status:
- for Sale
- Land Size:
- 25.17 x 109.76 FT
- Business Type:
- Apts - 2 To 5 Units
- Heating Type:
- Gas Forced Air Closed
- Cross Street:
- Dundas W & Pacific
- Annual Property Taxes:
- 8,672
- Listing ID:
- W13430800
Rooms
Dimensions
Brokered by:
Bosley Real Estate Ltd.
Source: TRREB/PROPTX
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