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SaleCommercial Retail

3010-3016 Dundas Street W

Toronto W02, ON M6P 1Z3

Price

$7,999,000

Building Size

9,940 sq ft

Lot: 9,940 sq ft

MLS# W14167904 | Listed by GET SOLD REALTY INC.

Business Details

Property Use

Multi-Use

Commercial Space & Financials

Retail Area

4,885 sq ft

Office / Apt Area

1,400 sq ft

Taxes (Annual)

$80,371.43

Net Operating Income

$277,000

Industrial Specifications

Parking

6 spaces (Outside/Surface)

Lot Size

32.2' × 173'

Structure

Freestanding

Property Description

RARE JUNCTION MIXED-USE INVESTMENT WITH MAJOR DEVELOPMENT UPSIDE! Prime 69.25 ft frontage x 173 ft depth on Dundas St W in the heart of The Junction, one of Toronto's most sought-after and fastest-growing neighbourhoods. Approx. 9,940 gross sq ft featuring 3 retail units plus 1 residential unit, with 5 washrooms. Strong in-place income: total potential revenue of $314,000 and NOI of $277,393. Collect stable cash flow today while you plan for tomorrow. HUGE DEVELOPMENT POTENTIAL: The proposed development for the site is a mixed-use, mid-rise commercial/residential rental complex containing 15 storeys, with 2 commercial rental units and 123 proposed residential rental units. The proposed GFA is approximately 117,950 SF (9.49 FSI). Zoned CR (Commercial Residential) within a Mixed Use Areas designation. Surrounded by trendy cafes, restaurants, breweries and boutiques, with TTC at your door and quick access to the UP Express, Bloor GO and the Junction Triangle. Ideal for investors, developers and end-users alike. Opportunities like this on Dundas West don't come along often. Don't miss it! Receivership sale, sold "as is, where is" without representations or warranties.

Price & Status History

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Location

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3010-3016 Dundas Street W, Toronto W02 M6P 1Z3

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Listing Courtesy of: GET SOLD REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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