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$ 4,288,000
Est. payment /mo
New
453 Dundas ST W Toronto C01, ON M5T 1G8
6 Baths
4,445 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,445 sqft
Price per Sqft $964
Subdivision Kensington-Chinatown
MLS Listing ID C12311912
Annual Tax Amount $19,535
Tax Year 2025
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 15.0
Lot Depth 100.0
Others
Security Features Yes
Listed by HARVEY KALLES REAL ESTATE LTD.