JUST LISTED

2471 Dundas Street West

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2471 Dundas Street West

Amazing investment opportunity

Amazing turnkey investment opportunity for a buyer looking for good cash flow with lots of upside potential.  Perfect buy & hold or build on this great property to add additional space and income potential.

Located at Dundas, just north of Bloor. High vehicular and foot traffic.
Transit accessible, walking distance to Bloor subway, GO, and Up Express.

There's lots of future development at Bloor & Dundas as the city adds density to this neighbourhood.

THE BUILDING

Lot: 16.25 ft. x 100 ft.

Parking: 2 parking spots at the back

Main floor retail
997 sq. ft. (377 sq. ft. main + 620 sq. ft. finished basement)
2 baths, a kitchenette, and basement separate entrance
Current month-to-month tenant at $2800/month + HST + inclusive of utilities

Apartment A (second floor)
692 sq. ft., 2 bedrooms and 1 bathroom
Month-to-month tenancy at $2,250/month inclusive

Apartment B (main floor rear)
379 sq. ft., 1 bedroom and 1 bathroom
Month-to-month tenancy at $1,350/month inclusive

Gross Income: $76,800 (2021)

Net Income after Expenses: $58,658 (2021)

Asking $1,400,000

2471 Dundas Street West

Gallery

MAIN & LOWER FLOOR – COMMERCIAL

2471 Dundas Street W

SECOND FLOOR – RESIDENTIAL

2471 Dundas Street W

MAIN FLOOR (REAR) – RESIDENTIAL

2471 Dundas Street W

2471 Dundas Street West

The neighbourhood

Great neighbourhood potential as lots of future development at Bloor & Dundas will add density to this neighbourhood.

The exciting proposed project by Choice REIT at 2280 Dundas West will offer an urban park and commercial and residential use spanning 13 acres.

Tell Me More About 2471 Dundas Street West

Edward Wang
Broker with Royal LePage Connect Realty

Address

311 Roncesvalles Avenue
Toronto, Ontario M6R 2M6

Phone

416 588 8248 office

E-mail

edward@wgrouprealestate.ca

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