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
2471 Dundas Street West
The 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
edward@wgrouprealestate.ca
