86 Dalhousie St - Office FOR SALE


Toronto, ON M5B 2A6- Church-Yonge Corridor
$1,850,000 CAD
416-649-5907
86 Dalhousie St, Toronto, ON for Sale
$1,850,000 CAD
Office - FOR SALE
1/4
null | Request Cap Rate

NEW


86 Dalhousie St
Toronto, ON M5B 2A6
Church-Yonge Corridor


HIGHLIGHTS

  • Large underground Green P located directly south of the building
  • Situated steps from Toronto Metropolitan University which has been a catalyst for change and renewal in the surrounding area.
  • Minutes from the Property is Yonge-Dundas Square which is a unique public square in the heart of Downtown Toronto.

OVERVIEW

Great investment opportunity located steps from the Dundas streetcar and Toronto Metropolitan University. This property was originally configured as a boutique four unit apartment asset which included one large three bedroom unit on the second floor, a bachelor and two bedroom unit on the ground floor, and a one bedroom unit in the basement. The building has been utilized as a construction office for the past few years and will be sold vacant. Investors with the appetite to take on a project and perhaps put in some of their own sweat equity can benefit from the upside of a very healthy residential rental market and can capitalize on the building’s proximity to the university should they want to target students. The flexible zoning also permits an office or retail conversion and the as-of-right site-specific zoning permits increased density on the site allowing for up to a six-storey development.

FOR SALE DETAILS

PRICE

$1,850,000 CAD

PRICE/SF

$911 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,263 SF

ZONING

CR

APN/PARCEL ID

190406627002000

ASK ABOUT THIS PROPERTY

Will AngusLennard Commercial RealtyMore Info
416-649-5907

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Will AngusLennard Commercial RealtyMore Info
416-649-5907

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