$5,985,000
Available - For Sale
Listing ID: W13153376
2480 Dundas Street West , Toronto, M6P 1W9, Toronto
| 14 Live/Work Unit Investment Property in High Park North. Prime High Park North location. Offered at $5,985,000, 2480 Dundas Street West is a substantially renovated income-generating property featuring 14 unique live/work hard loft studios plus rooftop signage income. The property offers a 6.15% cap rate, gross income of $447,112.56, and net income of $368,120. Renovated throughout with strong character, the building includes exposed brick, large wood beams, approximately 12-foot ceilings, triple-glazed windows, wood flooring, a high-efficiency furnace, separate hydro meters, and individual hot water tanks. Most units include en-suite laundry. Ideally located near Bloor & Dundas, Union Pearson Express, Dundas West Subway Station, Bloor GO Station, Bloor West Village, The Junction, and High Park. Strong tenant profile, high-demand location, and easy-to-manage building. Full financial and property information package available upon request. |
| Price | $5,985,000 |
| Taxes: | $17356.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 2480 Dundas Street West , Toronto, M6P 1W9, Toronto |
| Postal Code: | M6P 1W9 |
| Province/State: | Toronto |
| Legal Description: | LT 1 PL 776 CITY WEST; PT LT 2 PL 776 CI |
| Directions/Cross Streets: | DUNDAS AND GLENLAKE |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 11937.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Outside Storage: | F |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Yes |
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Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto W02 |
| Neighbourhood: | High Park North |
| Tax: | $17,356 |
| Fireplace: | N |
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