1 / 252233 DUNDAS STREET W
Toronto (High Park-Swansea), Ontario, M6R1X6
$1,899,000
Bathrooms
5
Living area
3,528 square feet
Parking
1
About this property
Exceptional mixed-use investment opportunity in a highly desirable Dundas West location, and right in the middle of the desirable High Park/Roncesvalles communities. This well-positioned property offers a unique combination of commercial and residential income, featuring nearly 1800 sq. ft. of main-floor commercial space, plus the finished basement and garage, currently occupied by an established coffee shop/yoga studio. Two separate residential rental units provide additional income, creating three distinct income streams. All units are separately metered, with no landlord-paid utilities. The commercial tenancy offers a 3-year term with 3% annual contractual rent increases, providing investors with predictable income growth and future NOI appreciation. Current gross scheduled rental income is approximately $125,430 annually, with projected income growth over the commercial lease term. An excellent opportunity for investors seeking a diversified mixed-use asset with established tenancy and built-in rental growth. (id:66779)
Details
- Sewer
- Storm sewer
- Cooling
- Fully air conditioned
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Tax year
- 2,025
- Appliances
- Washer, Dishwasher, Dryer, Microwave, Window Coverings
- Directions
- Cross Streets: Dundas & Roncevalles. ** Directions: Dundas South of Bloor.
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Residential Commercial Mix
- Tax annual amount
- 16,169
- Lot size dimensions
- Bldg=16.58 x 115 FT
- Zoning description
- CR
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