2233 Dundas Street W, Toronto, Ontario M6R 1X6

Listed for:
$1,899,000
0 beds
5 baths
Listed 2 days ago
Residential Commercial Mix for rent: 2233 Dundas Street W, Toronto, Ontario M6R 1X6

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About

Cross Streets: Dundas & Roncevalles. ** Directions: Dundas South of Bloor. 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:27476)

Property Highlights

MLS® Number
W13835538
Type
Retail
Community Name
High Park-Swansea
Land Size
Bldg=16.58 x 115 FT
Parking Space Total
1

Building

Building Type
Residential Commercial Mix
Square Footage
3528 sqft
Bathrooms Total
5
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water
Utility Sewer
Storm sewer

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
W13835538
Agent:
Leslie Tokayer
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Street Spotlight - For sale