2480 Dundas Street W, Toronto, ON M6P 1W9

$5,985,000
18
BD
15
BA

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List Price
$5,985,000
MLS#
W13153412
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
18
Bathrooms
15
Living Area
5000 +
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
High Park North
Subdivision
Dundas And Glenlake

Property Description

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.

Additional Information

Taxes
$17,356
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Other
Kitchens
13
Exterior
Brick
Waterfront Type
None
Garage Type
None
Pool
None
Parking Type
Street Only

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Calculator source: Real Geeks

Listing courtesy of EXP REALTY.