Commercial listings / Investment / For sale

1167 Dundas Street W, Toronto, ON M6J 1X3

$2,395,000

Property type
Investment
Transaction
For sale
Location
Toronto C01, Toronto
Building area
2,807 Square Feet
MLS® number
C13814822

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 3rdfloor, 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%.

Listing brokerage: BOSLEY REAL ESTATE LTD.

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