Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bathrooms: | 5 |
Financials
Price:C7,999,000
($5,667,900)
(€5,058,300)
Annual Taxes:C80,371.43
RARE JUNCTION MIXED USE INVESTMENT WITH MAJOR DEVELOPMENT UPSIDE !
Description
RARE JUNCTION MIXED-USE INVESTMENT WITH MAJOR DEVELOPMENT UPSIDE! Prime 69.25 ft frontage x 173 ft depth on Dundas St W in the heart of The Junction, one of Toronto's most sought-after and fastest-growing neighbourhoods. Approx. 9,940 gross sq ft featuring 3 retail units plus 1 residential unit, with 5 washrooms. Strong in-place income: total potential revenue of $314,000 and NOI of $277,393. Collect stable cash flow today while you plan for tomorrow. HUGE DEVELOPMENT POTENTIAL: The proposed development for the site is a mixed-use, mid-rise commercial/residential rental complex containing 15 storeys, with 2 commercial rental units and 123 proposed residential rental units. The proposed GFA is approximately 117,950 SF (9.49 FSI). Zoned CR (Commercial Residential) within a Mixed Use Areas designation. Surrounded by trendy cafes, restaurants, breweries and boutiques, with TTC at your door and quick access to the UP Express, Bloor GO and the Junction Triangle. Ideal for investors, developers and end-users alike. Opportunities like this on Dundas West don't come along often. Don't miss it! Receivership sale, sold "as is, where is" without representations or warranties.
Virtual Tour: https://threesixtysnap.hd.pics/3010-3016-Dundas-St-W/idx
Amenities
- Partial
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.