Size
-
Lot size
717.95 sqm
Street frontage
S
Possession
TBA
Price per sqm
-
Taxes
$26,755 (2024)
Parking Type
-
Style
2-Storey
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Description
InTrust. is excited to offer for sale 3635 Dundas Street West, a remarkable mixed-use multifamily corner building, located in the Junction Bloor West Village neighbourhood. A fantastic opportunity for investors to acquire a rarely available, solid high-income property. 5.20% cap rate! This tremendous 11,221 square foot building consists of 13 residential units and 2 commercial units. One commercial unit consists of a live work office space. Second turn-key commercial unit has been recently vacated and is experiencing great leasing interest. The residential units are very spacious and some of the units have been renovated over time. All the units are separately metred for hydro and gas and include separate laundry. All mechanicals, electrical, plumbing, HVAC have been upgraded. Due to the buildings premium location, units are always leased extremely quickly. A great building to own with little management required. A great value-add opportunity as the current landlord does not charge tenants for parking and is paying for the utilities of a few of the units that are separately metred. Lots of upside on rents as well as an opportunity to reduce expenses.
EXTRAS:
EXTRAS:
Broker: INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
MLS®#: W8342260
Property details
Parking:
7
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
-
Lot front:
17.07 M
Lot depth:
42.06 M
Listed on:
May 15, 2024
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