Matthew Tenk
Broker of Record
2909 Dundas Street W Toronto (Junction Area), Ontario M6P 1Z1
$3,495,000
Priced at under $390 psf above grade & completely rebuilt in 2001, this 3 storey building located on one of the best blocks of the Junction, will generate close to a 5.5% cap rate fully leased with great upside potential. Configured as main floor retail & 10 residential apartments. Approx 3,000 sf per floor plus finished bsmt. Excellent opportunity for an investor with stable income from well-established Tenants. 3 of the prime 2 bedroom apartments will be vacant on closing allowing for a user opportunity, or for an investor to set their own rents. **** EXTRAS **** Located in Prime Junction Area in vibrant retail node surrounded by trendy restaurants and boutique retail. (id:39551)
Property Details
| MLS® Number | W9392815 |
| Property Type | Retail |
| Community Name | Junction Area |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 11 |
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 8980 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 130 Ft |
| Size Frontage | 24 Ft ,2 In |
| Size Irregular | 24.17 X 130 Ft |
| Size Total Text | 24.17 X 130 Ft |
| Zoning Description | Cr 2.5 (c1;r2) X2220 |
https://www.realtor.ca/real-estate/27532068/2909-dundas-street-w-toronto-junction-area-junction-area
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Toronto Real Estate Board
Bosley Real Estate Ltd.
November 01 2024 02:40:34
