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!
Address
3048 Dundas Street W
List Price
$4,999,900
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
3-Storey
Area
Toronto W02
Sub-Area
Junction Area
County
Toronto
Bedrooms
9
Bathrooms
11
Lot Size Source
GeoWarehouse
Lot Depth
104.91
Lot Size Units
Feet
MLS® Number
W11903219
Listing Brokerage
CENTURY 21 FINE LIVING REALTY INC.
Basement Area
Finished
Postal Code
M6P 1Z3
Parking
Reserved/Assigned
Parking Places (Total)
4
Tax Amount
$27,105.22
Tax Year
2024
Interior Features
Other
Property Features
Public Transit, Rec./Commun.Centre, School, Place Of Worship
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Stucco (Plaster)
Direction Faces
North
Foundation Details
Poured Concrete
Garage Type
None
Kitchens Total
7
Pool Features
None
Roof
Asphalt Rolled
Sewer
Sewer