837 Dundas Street W Toronto, Ontario M6J 1V4

10,800 sqft
Fully Air Conditioned Forced Air

$6,399,000

Rare opportunity to acquire a corner lot, mixed-use commercial/res property in the heart of Trinity Bellwoods, with 2 parking spots. Meticulously maintained by a very attentive landlord. Location: Steps from Trinity Bellwoods Park and Toronto Western Hospital and easy access to the university of Toronto. The area is surrounded by excellent restaurants and amenities, making it highly desirable for both residential and commercial tenants. Income potential: this property can achieve a cap rate of 5% and is capable of being cash flow positive with a market-rent commercial tenant @ $45 per sqft. Commercial space: The main floor offers ~3,500 sqft of clear-span space with an interior that is currently divided into modern office units. Vacant possession, or new tenancy, is possible. Residential units: The upper floor features three very large residential apartments with 10 ft ceilings and extra storage lockers for each unit. Two x 2 bed units: Modern up to date finishes. One x bed unit: Vacant and ready for a new tenant, or an owner/occupier. Each unit has an additional storage locker. Basement: The finished basement is maybe one of the cleanest basements in this area and offers high ceilings, polished floors, and a separate entrance, making this suitable for a third tenant or as an extension of the main floor commercial space. Detailed expenses and a professionally prepared planning report indicating future potential are available upon request. (id:38604)

Property Details

MLS® Number C13451308
Property Type Retail
Community Name Trinity-Bellwoods
Amenities Near By Public Transit, Recreation
Parking Space Total 2

Building

Appliances Dishwasher, Dryer, Water Heater, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 10,800 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Recreation
Sewer Sanitary Sewer
Size Depth 50 Ft
Size Frontage 81 Ft ,4 In
Size Irregular 81.35 X 50.07 Ft
Size Total Text 81.35 X 50.07 Ft
Zoning Description Cr2.5(c1;r2*1579), R(d1*806)

https://www.realtor.ca/real-estate/29910612/837-dundas-street-w-toronto-trinity-bellwoods-trinity-bellwoods

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Ian Cameron
Salesperson

(519) 649-6900

Streetcity Realty Inc.

(519) 649-6900

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