3048 Dundas Street West, Toronto | Image 1

3048 Dundas Street West

Toronto, Junction Area

  • Commercial

$4,999,900
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: CR2.5(c1;r2*2220

  • Age: No Data

  • Taxes: 27105.22

  • MLS®#: W11903218

  • Added: Jan 01, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CENTURY 21 FINE LIVING REALTY INC.

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!

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: Junction Area

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Taxes: $27,105

  • Taxes Type: Annual

Land

  • Cross Street: Dundas St W & McMurr

  • Municipality District: Toronto W02

  • Parcel Number: 105180691

  • Lot Depth: 104.91 Feet

  • Lot Frontage: 45.67 Feet

  • Zoning: CR2.5(c1;r2*2220

Commercial Specific

  • Retail Area: 6851

  • Retail Area Metric: Sq Ft Divisible

  • Total Area: 11839

  • Total Area Metric: Sq Ft

  • Office Size: 4988

  • Office Size Metric: Sq Ft Divisible

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Lot

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Map of 3048 Dundas Street West, Toronto
1-8

Lucy McCormick Senior School

Elementary: Public
0.87 km
JK-8

High Park Alternative School Junior

Elementary: Public
0.50 km
JK-6

Indian Road Crescent Junior Public School

Elementary: Public
0.94 km
JK-8

Annette Street Junior and Senior Public School

Elementary: Public
0.50 km
JK-8

St Cecilia Catholic School

Elementary: Catholic
0.63 km
JK-8

Runnymede Junior and Senior Public School

Elementary: Public
1.21 km
9-12

The Student School

Secondary: Public
1.03 km
9-12

Ursula Franklin Academy

Secondary: Public
1.00 km
9-12

Runnymede Collegiate Institute

Secondary: Public
1.52 km
9-12

Blessed Archbishop Romero Catholic Secondary School

Secondary: Catholic
1.88 km
9-12

Western Technical & Commercial School

Secondary: Public
1.00 km
9-12

Humberside Collegiate Institute

Secondary: Public
0.64 km
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