Located a few steps from Ossington Ave. in the Trinity-Bellwoods neighbourhood, this 3 storey property is configured as main floor commercial, 2 x 3 bedroom apartments with decks above, and separate basement unit used for storage/studio below. 1167 Dundas St W. offers an excellent opportunity for an investor to purchase a building in one of the most dynamic areas in Toronto. The Main floor is leased to an established and successful clothing retailer. The second floor 3 bedroom and basement are leased on a month to month basis. The 3rd floor, newly renovated 3 bedroom apartment is vacant allowing a buyer to occupy the unit or set their own rents. All tenants are paying close to market rent meaning this property boasts the potential of achieving an estimated cap rate of over 5%. (id:61015)
| MLS® Number | C13159178 |
| Property Type | Business |
| Community Name | Trinity-Bellwoods |
| Parking Space Total | 1 |
| Bathroom Total | 4 |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Interior | 2,807 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 88 Ft ,8 In |
| Size Frontage | 14 Ft ,6 In |
| Size Irregular | 14.5 X 88.67 Ft |
| Size Total Text | 14.5 X 88.67 Ft |
| Zoning Description | Cr 2.5 (c1.0; R2.0) Ss2 (x2264) |
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman