Description

 Price: $ 2,499,900.00 MLS^®: C13028898         Location : 1612 Dundas Street W, Toronto C01, ON M6K 1T8

Prominent renovated corner building offering approximately 5936 total sq. ft., with 2488 sq. ft. of commercial space on main, 1885 sq. ft in basement and 1563 sq. ft. of residential space above. This is a strong, hands-off investment opportunity with the potential to rent to two tenants generating over $130,000 annually. The property has been renovated with updated mechanical systems, separately metered, providing peace of mind for long-term ownership. Features a stable, long-term commercial lease in place since 2014, with approximately 8 years remaining on the lease and potential for escalating as of Aug 2027. Tenant pays $7,716 per month, totaling $92,592 annually. The second floor offers vacant possession of a luxurious 3-bedroom, 2-bath apartment, ideal for an owner-occupier or to achieve full market rent and maximize returns. Potential to explore future expansion or redevelopment.

Location Description

Dundas St. W & Dufferin St.

Property Details

• Community: Little Portugal
• Property Type: Owner+Tenant/Commercial
• Garages: None

Building Features

Features

• Heating: Gas Forced Air Closed

Media