Asking: $2,395,000.00
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%.
Size:
- Lot: 14.5 x 88.67 feet
- Building: 2,807 sq. ft. Above Grade plus basement.
Additional Resources:
