Located in the heart of Toronto’s highly desirable Junction neighborhood, 2963 Dundas Street West presents an exceptional investment and redevelopment opportunity. This three-story building, currently configured as five generously sized and meticulously updated apartments, offers nearly 6,000 square feet of dynamic space. With up to 14 bedrooms across units and private terraces, the property provides strong income potential, with estimates of achieving an attractive cap rate above 6% for investors.
For users, the flexibility of this location is unmatched—the main floor, comprising approximately 2,241 square feet and featuring soaring 14-foot ceilings, may be converted into an ideal commercial venue suitable for retail, hospitality, or services. Above, three levels of large, bright residential apartments supply an excellent source of auxiliary income or additional live-work options.
The property benefits from direct access to a Green P surface lot at the rear, enhanced by electric vehicle charging and Bikeshare stations. Residents and businesses alike will appreciate the outstanding connectivity: 24-hour transit service at the doorstep, proximity to the Bloor Subway, UP Express, and walking distance to Stockyards and Junction’s vibrant retail and dining destinations.