1167, Dundas, Trinity-Bellwoods, Toronto, Commercial
Description
Commercial Investment For Sale.
Located a few steps from Ossington Ave. in the Trinity-Bellwoods neighbourhood, this 3 storey property is configured as main floor commercial, 2 x 3 bedroom apartments with decks above, and separate basement unit used for storage/studio below. 1167 Dundas St W. offers an excellent opportunity for an investor to purchase a building in one of the most dynamic areas in Toronto. The Main floor is leased to an established and successful clothing retailer. The second floor 3 bedroom and basement are leased on a month to month basis. The 3rd floor, newly renovated 3 bedroom apartment is vacant allowing a buyer to occupy the unit or set their own rents. All tenants are paying close to market rent meaning this property boasts the potential of achieving an estimated cap rate of over 5%.
Cross Street: Ossington / Dundas
Key Facts
- Days on: 23 days
- Mls Status: New
- Board Property Type: Com
- Bathrooms Total Integer: 4
- Lot Type: Lot
- Lot Width: 14.50
- Parking Spaces: 1
- Garage Type: Lane
- Heat Type: Baseboard
- Cooling: No
- Building Area Total: 2807 Square Feet
- Retail Area: 837 Sq Ft
Location 1167, Dundas, Trinity-Bellwoods, Toronto
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