Located in the Best block in the Junction this meticulously maintained 3 storey property is just shy of 6, 000 sq.
2963 Dundas Street
Toronto W02 M6P 1Z2
Canada
Listing
| Web ID: | 5607001 |
|---|---|
| Website: | https://www.nestseekers.com/5607001 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C2,988,000
($2,137,200)
(€1,909,100)
Annual Taxes:C8,672
Description
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.
Amenities
- Public Transit