3097 Dundas St - Storefront Retail/Residential FOR SALE


Toronto, ON M6P 1Z9- High Park North/Junction
$2,500,000 CAD
416-930-3890
3097 Dundas St, Toronto, ON for Sale
$2,500,000 CAD
Storefront Retail/Residential - FOR SALE
1/9
null | 6.4% Cap Rate

3097 Dundas St
Toronto, ON M6P 1Z9
High Park North/Junction


OVERVIEW

3097 Dundas St W is a three storey mixed-use building in the Junction with seven income units across approximately 6,400 SF of leasable area on a 26 by 134 foot lot. Four units are commercial: a main floor retail unit of approximately 1,100 SF at grade with 10 ft 6 in ceilings and 850 SF of finished lower level, vacant and available to lease; a rear main floor unit of approximately 1,000 SF leased to a boxing studio to May 2028; a third floor studio of approximately 650 SF; and a lower level live/work space of approximately 900 SF. Three apartments occupy the second and third floors, each with private outdoor space. Two parking spaces off the rear laneway. Gross income of $203,834 and net operating income of $160,110, a 6.40% capitalization rate at the asking price and 7.76% on market rents. TTC surface transit on Dundas at the door. Offering memorandum available.

FOR SALE DETAILS

PRICE

$2,500,000 CAD

PRICE/SF

$788 CAD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,375 SF

ZONING

CR2.5

APN/PARCEL ID

190401384004500

ASK ABOUT THIS PROPERTY

Josef KhoudatovInTrust Commercial Real Estate Brokerage IncMore Info
416-930-3890

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Josef KhoudatovInTrust Commercial Real Estate Brokerage IncMore Info
416-930-3890

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