2480 Dundas St W - Apartments FOR SALE


Toronto, ON M6P 1W9- High Park North/Junction
$8,300,000 CAD
866-623-1534
2480 Dundas St W, Toronto, ON for Sale
$8,300,000 CAD
Apartments - FOR SALE
1/40
null | 4.6% Cap Rate

2480 Dundas St W
Toronto, ON M6P 1W9
High Park North/Junction


HIGHLIGHTS

  • Walkable to Bloor GO Station, UP Express, Dundas West Subway, groceries, pharmacy, recreation center, parks, Lake Ontario, & to West Toronto Railpath.
  • All units have a separate hydro meter and hot water tanks, and most include in-suite laundry.
  • Recently updated with exposed brick, 12-foot ceilings, large new windows, and wood flooring.
  • Unique property features 14 updated hard loft studios plus other income streams.
  • Bright, modern loft studio in a prime location with abundant natural light throughout.
  • Excellent upside potential and opportunities for future development or condo conversion.

OVERVIEW

Prime Location. Rare Opportunity. This unique property features 14 updated hard loft studios plus other income streams, offering excellent upside potential and opportunities for future development or condo conversion in one of the prime blocks of West Toronto. Full of character with exposed brick, large wood beams, and 12-foot ceilings, most units include in-suite laundry, and all have a separate hydro meter and hot water tanks. The building also features a new high-efficiency furnace. Ideally situated near Bloor & Dundas, Union Pearson Express, Dundas West Subway, and Bloor GO Station, this high-demand location has excellent tenants and is easy to manage. Request the full listing package for more details. All measurements are approximate. One of the directors is related to the registered real estate agent (R.R.E.A). Please include Schedule B and the required disclosure with all offers. A Clean Phase 1 Environmental Report is available. Showings require a minimum of 48 hours' notice and will take place on scheduled dates. A list of units to be viewed will be provided at the showing, and the listing agent or a representative will be present for all showings. Kindly call the listing salesperson at 416-539-9977.

FOR SALE DETAILS

PRICE

$8,300,000 CAD

PRICE/SF

$724 CAD /SF

# OF UNITS

15

PRICE/UNIT

$553,333

CAP RATE

4.6%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

MCR

APN/PARCEL ID

190401306001500

ASK ABOUT THIS PROPERTY

Ernest FurtadoATREGGMore Info
866-623-1534

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Ernest FurtadoATREGGMore Info
866-623-1534

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.