2913 Dundas Street West, Toronto | Image 1

2913 Dundas Street West

Toronto, Junction Area

  • Commercial

$X,XXX,XXX
For Sale

Added 4 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Health & Beauty Related

  • Zoning: CR2.5 (cl;r2) *2

  • Age: No Data

  • Taxes: 14869

  • MLS®#: W10428390

  • Days on Site: 90 Days

  • Added: Nov 15, 2024 (4 months ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: CUSHMAN & WAKEFIELD

Coveted investment property for sale in the heart of the Junction offered at healthy going in 5.1% cap rate. Fully renovated building in Landmark location. Ground floor leased to AAA optometrist tenant on strong triple net lease, who has tenanted the building for 15 yrs & in business in The Junction for 42 yrs. Current lease term runs to 2027 + option to renew (&desire for tenant to stay) with annual rent escalations. 2nd Fl is 1x1 bedroom apartment and 1x2 bedroom apartment, both leased to reliable and responsible tenants. Retail unit has a fully renovated lower level of approx 1000 SF of additional + usable space, currently used for optometry lab. Clean, well-maintained building with top to bottom renovations. A strong carefree investment with future upside. 2 parking spaces at rear. Modern heating/cooling system. Bright, clean apartments, recently renovated & repainted. Front and rear access with rear laneway. Rare opportunity to buy a stable cash flowing property on the best block in the Junction. **EXTRAS** Low maintenance, well cared for property along the bustling Junction's best retail block.

Property

  • Status: Sale

  • Type: Health & Beauty Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Toronto

  • Community: Junction Area

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Lane

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 12 BLK 25 PL 553 WEST TORONTO JUNCTION AS IN CA175903; CIT

  • Taxes: $14,869

  • Taxes Type: Annual

Land

  • Cross Street: Dundas St. W & Keele

  • Municipality District: Toronto W02

  • Sewer: San+Storm

  • Lot Depth: 130 Feet

  • Lot Frontage: 17.08 Feet

  • Zoning: CR2.5 (cl;r2) *2

Commercial Specific

  • Retail Area: 1603

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 3847.5

  • Total Area Metric: Sq Ft Divisible

  • Office Size: 1245

  • Office Size Metric: Sq Ft Divisible

  • Lot Code: Lot

1-8

Lucy McCormick Senior School

Elementary: Public
0.51 km
JK-6

Mountview Alternative School Junior

Elementary: Public
0.94 km
JK-8

High Park Alternative School Junior

Elementary: Public
0.66 km
JK-6

Indian Road Crescent Junior Public School

Elementary: Public
0.60 km
JK-8

Keele Street Public School

Elementary: Public
0.94 km
JK-8

Annette Street Junior and Senior Public School

Elementary: Public
0.66 km
9-12

The Student School

Secondary: Public
1.13 km
9-12

Ursula Franklin Academy

Secondary: Public
1.11 km
9-12

George Harvey Collegiate Institute

Secondary: Public
2.20 km
9-12

Bishop Marrocco/Thomas Merton Catholic Secondary School

Secondary: Catholic
1.53 km
9-12

Western Technical & Commercial School

Secondary: Public
1.11 km
9-12

Humberside Collegiate Institute

Secondary: Public
0.68 km
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