5 Bathroom
3,528 ft2
Fully Air Conditioned
Forced Air
$1,899,000
Exceptional mixed-use investment opportunity in a highly desirable Dundas West location, and right in the middle of the desirable High Park/Roncesvalles communities. This well-positioned property offers a unique combination of commercial and residential income, featuring nearly 1800 sq. ft. of main-floor commercial space, plus the finished basement and garage, currently occupied by an established coffee shop/yoga studio. Two separate residential rental units provide additional income, creating three distinct income streams. All units are separately metered, with no landlord-paid utilities. The commercial tenancy offers a 3-year term with 3% annual contractual rent increases, providing investors with predictable income growth and future NOI appreciation. Current gross scheduled rental income is approximately $125,430 annually, with projected income growth over the commercial lease term. An excellent opportunity for investors seeking a diversified mixed-use asset with established tenancy and built-in rental growth. (id:50976)
Property Details
|
MLS® Number
|
W13835538 |
|
Property Type
|
Retail |
|
Community Name
|
High Park-Swansea |
|
Amenities Near By
|
Public Transit |
|
Parking Space Total
|
1 |
Building
|
Bathroom Total
|
5 |
|
Age
|
100+ Years |
|
Appliances
|
Dishwasher, Dryer, Microwave, Washer, Window Coverings |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
3528 Sqft |
|
Size Interior
|
3,528 Ft2 |
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Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Storm Sewer |
|
Size Depth
|
115 Ft |
|
Size Frontage
|
16 Ft ,6 In |
|
Size Irregular
|
Bldg=16.58 X 115 Ft |
|
Size Total Text
|
Bldg=16.58 X 115 Ft |
|
Zoning Description
|
Cr |
https://www.realtor.ca/real-estate/30335707/2233-dundas-street-w-toronto-high-park-swansea-high-park-swansea
