1612 Dundas Street W Toronto, Ontario M6K 1T8

4,051 sqft
Fully Air Conditioned Forced Air

$2,499,900

Prominent renovated corner building offering approximately 5936 total sq. ft., with 2488 sq. ft. of commercial space on main, 1885 sq. ft in basement and 1563 sq. ft. of residential space above. This is a strong, hands-off investment opportunity with the potential to rent to two tenants generating over $139,000 annually. The property has been renovated with updated mechanical systems, separately metered, providing peace of mind for long-term ownership. Features a stable, long-term commercial lease in place since 2014, with approximately 8 years remaining on the lease and potential for escalating as of Aug 2027. Tenant pays $7,716 per month, totaling $92,592 annually. The second floor offers vacant possession of a luxurious 3-bedroom, 2-bath apartment, ideal for an owner-occupier or to achieve full market rent and maximize returns. Potential to explore future expansion or redevelopment. (id:62104)

Property Details

MLS® Number C13028912
Property Type Business
Community Name Little Portugal
Features Irregular Lot Size

Building

Appliances Dishwasher, Dryer, Hood Fan, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 4,051 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 100 Ft ,1 In
Size Frontage 25 Ft
Size Irregular 25 X 100.15 Ft ; Irregular
Size Total Text 25 X 100.15 Ft ; Irregular
Zoning Description Cr2.5(c1;r2)*1584)

https://www.realtor.ca/real-estate/29639270/1612-dundas-street-w-toronto-little-portugal-little-portugal

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