3635 Dundas ST W Active Save Request In-Person Tour Request Virtual Tour
Toronto W02,ON M6S 2T2
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 11,221 sqft
Price per Sqft $356
MLS Listing ID W9506068
Annual Tax Amount $26,755
Tax Year 2024
Property Description
7.48% CAP RATE! A remarkable 15-unit Corner Building, located in the best High Park - Junction Neighbourhood in Toronto. 11,221 Square Foot building consists of 13 recently renovated residential units and 2 commercial units. Net Income has been increased substantially in the last couple of months with legacy tenant turnover. True Net Income is $299,359 including 5% management fee and proper repairs and maintenance expenses. The residential units are very spacious with perfect layouts, and all have their own Separate Laundry and HVAC. All the units are Separately Metred for Hydro and Gas. All Mechanicals, Electrical, Plumbing and HVAC have been Upgraded. This is the time to buy! Be the savvy investor who bought at such a High Cap Rate as interest rates continue to go down!
Location
State ON
County Toronto
Zoning MU
Interior
Cooling Partial
Exterior
Utilities Available Yes
Parking Type Outside/Surface
Others
Security Features Yes