Toronto C01 M6J 1X3
Canada

Property

Ownership: For Sale
Type: Unknown
Bathrooms: 4

Financials

Price:C2,395,000
($1,738,700)
(€1,497,600)
Annual Taxes:C12,606.72
505 Park Ave, New York, NY 10022

Located a few steps from Ossington Ave.

Description

Located a few steps from Ossington Ave. in the Trinity-Bellwoods neighbourhood, this 3 storey property is configured as main floor commercial, 2 x 3 bedroom apartments with decks above, and separate basement unit used for storage/studio below. 1167 Dundas St W. offers an excellent opportunity for an investor to purchase a building in one of the most dynamic areas in Toronto. The Main floor is leased to an established and successful clothing retailer. The second floor 3 bedroom and basement are leased on a month to month basis. The 3rd floor, newly renovated 3 bedroom apartment is vacant allowing a buyer to occupy the unit or set their own rents. All tenants are paying close to market rent meaning this property boasts the potential of achieving an estimated cap rate of over 5%.

Amenities

  • Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.