Immediate 5.5% Cap rate opportunity with upside! Welcome to 3044, 3046, and 3048 Dundas St W. This three-story mixed-use building sits on a prominent corner lot in the bustling Junction High-Park area. Main floor features two long-term commercial tenants, the popular Axis Bar and an art gallery. Upper two floors feature six residential units, each with their own laundry, hot water heater, furnace, and A/C. All tenants pay their own utilities. Residential units include three 2-bedrooms, two bachelors, and one 1-bedroom. Truly an exceptional opportunity for investors or future developers. Don't miss out on this gem in The Junction!
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Depth:
104'11"32 m
Frontage:
45'8"13.9 m
Direction Faces:
North
Bedrooms:
9
Bathrooms:
11.0
Water supply:
Municipal
Kitchens:
7
Bedrooms Above Grade:
9
Kitchens Above Grade:
7
Rooms Above Grade:
24
Rooms Below Grade:
3
Zoning:
CR2.5(c1;r2*2220)
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Rolled
Basement:
Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
4.0
Parking Features:
Reserved/Assigned
Parking Spaces:
0
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Immediate
Pool:
None
HST Applicable To Sale Price:
Yes
Taxes:
$27,105.22 /
2024
Assessment:
$- /
-
Toronto W02
Junction Area
Toronto
Public Transit, Rec./Commun.Centre, School, Place Of Worship
Other
9 Furnaces, 9 Air Conditioners, 8 Hot Water Heaters, 6 Washers, 6 Dryers, 6 Fridges, 6 Stoves