3048 Dundas ST W Active

Toronto W02,ON M6P 1Z3

$ 4999900

- Bed

- Bath

11839 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 11,839 sqft

Price per Sqft $422

Subdivision Junction Area

MLS Listing ID W11903216

Annual Tax Amount $27,105

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Immediate 5.5% Cap rate opportunity with upside! Welcome to 3044, 3046, and 3048 Dundas St W. This three-story mixed-use building sits on a prominent corner lot in the bustling Junction High-Park area. Main floor features two long-term commercial tenants, the popular Axis Bar and an art gallery. Upper two floors feature six residential units, each with their own laundry, hot water heater, furnace, and A/C. All tenants pay their own utilities. Residential units include three 2-bedrooms, two bachelors, and one 1-bedroom. Truly an exceptional opportunity for investors or future developers. Don't miss out on this gem in The Junction!

Location

Province ON

County Toronto

Community Junction Area

Area Toronto

Zoning CR2.5(c1;r2*2220)

Interior

Cooling Yes

Inclusions 9 Furnaces, 9 Air Conditioners, 8 Hot Water Heaters, 6 Washers, 6 Dryers, 6 Fridges, 6 Stoves

Exterior

Community Features Public Transit,Recreation/Community Centre

Utilities Available Yes

Lot Frontage 45.67

Lot Depth 104.91

Others

Security Features Yes

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