For Sale - 2963 Dundas Street, Toronto, Ontario

Est payment $14,348/mo
Views   5
Time on Jump  119 day
  • Spacious 3-storey property with nearly 6,000 sq. ft. of possibilities.
  • Currently configured as 5 updated apartments with private terraces.
  • Potential for over 6% cap rate, ideal for investors.
  • Main floor features soaring 14' ceilings for commercial opportunities.
  • Great location with bus access, near subway and shopping.



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.
Listing IDW13430800
Address2963 Dundas Street
CityToronto, Ontario
Price$2,988,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public TransitBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm
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2963 Dundas Street
Toronto , Ontario
$2,988,000
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