1612, Dundas, Little Portugal, Toronto, Commercial
- 4051 SQFT
Description
Commercial Commercial Retail For Sale.
Prominent renovated corner building offering approximately 5936 total sq. ft., with 2488 sq. ft. of commercial space on main, 1885 sq. ft in basement and 1563 sq. ft. of residential space above. This is a strong, hands-off investment opportunity with the potential to rent to two tenants generating over $130,000 annually. The property has been renovated with updated mechanical systems, separately metered, providing peace of mind for long-term ownership. Features a stable, long-term commercial lease in place since 2014, with approximately 8 years remaining on the lease and potential for escalating as of Aug 2027. Tenant pays $7,716 per month, totaling $92,592 annually. The second floor offers vacant possession of a luxurious 3-bedroom, 2-bath apartment, ideal for an owner-occupier or to achieve full market rent and maximize returns. Potential to explore future expansion or redevelopment.
Cross Street: Dundas St. W & Dufferin St.
Key Facts
- Days on: 6 days
- Mls Status: New
- Lot Type: Lot
- Lot Width: 25.00
- Garage Type: None
- Heat Type: Gas Forced Air Closed
- Cooling: Yes
- Building Area Total: 4051 Square Feet
- Retail Area: 2488 Sq Ft
Location 1612, Dundas, Little Portugal, Toronto
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