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$4,999,900
Est. payment /mo
11,839 SqFt
UPDATED:
01/01/2025 05:03 AM
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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Listed by CENTURY 21 FINE LIVING REALTY INC.