2913 Dundas ST W Active Save Request In-Person Tour Request Virtual Tour
Toronto W02,ON M6P 1Z1
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,847 sqft
Price per Sqft $501
Subdivision Junction Area
MLS Listing ID W10428390
Annual Tax Amount $14,869
Tax Year 2024
Property Description
Coveted investment property for sale in the heart of the Junction offered at healthy going in 5.1% cap rate. Fully renovated building in Landmark location. Ground floor leased to AAA optometrist tenant on strong triple net lease, who has tenanted the building for 15 yrs & in business in The Junction for 42 yrs. Current lease term runs to 2027 + option to renew (&desire for tenant to stay) with annual rent escalations. 2nd Fl is 1x1 bedroom apartment and 1x2 bedroom apartment, both leased to reliable and responsible tenants. Retail unit has a fully renovated lower level of approx 1000 SF of additional + usable space, currently used for optometry lab. Clean, well-maintained building with top to bottom renovations. A strong carefree investment with future upside. 2 parking spaces at rear. Modern heating/cooling system. Bright, clean apartments, recently renovated & repainted. Front and rear access with rear laneway. Rare opportunity to buy a stable cash flowing property on the best block in the Junction.
Location
Province ON
County Toronto
Community Junction Area
Area Toronto
Zoning CR2.5 (cl;r2) *2220)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 17.08
Lot Depth 130.0
Others
Security Features No,Partial