Great and rare opportunity for a "new" building (totally gutted to the core) at a prime location in the heart of Old Chinatown. Fully leased retail @ premium rent with triple A tenants (upscale patisserie & trendy doggie yoga) on the main and lower levels. Luxuriously finished 2x 4 Bedrooms (with 2x Baths@) on the third and fourth levels (latter with a terrace). We left the residences vacant at new owner(s) discretion for possible lucrative short term rentals, university students or owner occupied dwellings. Flushed with natural lighting with CN tower and financial district views. Based on the demand and residential rates in the area, this prime investment opportunity can easily enjoy a full unrivalled 5%+ CAP. Highly visible via Dundas Street Car - close to Spadina and St.Patrick Station. Hop to Art Gallery of Ontario, Ontario College of Arts and Design (OCAD), Condo Towers and Village by the Grange and 52nd Division of Toronto Police Station in minutes. Public Parking a 2 minute walk. Hipness at its finest spilling off from Spadina and Queen West proper. Security cameras are installed. Owners will entertain VTB with substantial deposit/downpayment. |
Price | $4,288,000 |
Taxes: | $19535.69 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 453 Dundas Stre West , Toronto, M5T 1G8, Toronto |
Postal Code: | M5T 1G8 |
Province/State: | Toronto |
Directions/Cross Streets: | Dundas/Huron |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Building Percentage: | T |
Total Area: | 4445.54 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 2241 |
Office/Appartment Area Code: | Sq Ft |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit Subways |
Sprinklers: | Yes |
Washrooms: | 6 |
Clear Height Feet: | 10 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HARVEY KALLES REAL ESTATE LTD. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Toronto |
Municipality: | Toronto C01 |
Neighbourhood: | Kensington-Chinatown |
Tax: | $19,535.69 |
Baths: | 6 |
Fireplace: | N |