5118 Dundas ST W Active Save Request In-Person Tour Request Virtual Tour
Toronto W08,ON M9A 1C2
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,734 sqft
Price per Sqft $804
MLS Listing ID W9284102
Annual Tax Amount $17,616
Tax Year 2024
Property Description
Newly renovated Prime Property & Owner retiring & a REAR CHANCE to be for sale within 300m from the NEWELY approved 400K sqft of the NEW Etobicoke City Center Building Program & currently 9 towers under construction & another 4 being built on adjacent properties. A great Multi use income building for great investor EQUITY growth. Main floor is 1380 sqft PRIME commercial space plus 1380sqft basement with 3 washrooms & front & rear exits. Top floor is fully renovated has 2bdrm apt (2350/mth)at the front &1bdrm apt at the back ($2500/mth) 2 RENTAL INCOMES & tenants pay their own hydro. Large windows, well lit, well maintained with their own 3pcs washrooms, large eat in kitchens, new quart counter tops & sink/faucet with breakfast bar counter with 2 stainless steel fridges, 2 stoves & 2 washer & dryers & 2 stainless steel dishwashers, private entrances & central air condition in both apartments & newly upgraded 100 amp full electricity service, wires, main panel ,disconnect breaker & meter base, fully inspected & approved. Conveniently located near the NEWLY TRANSFORMED KIPLING SUBWAY TRANSIT HUB & ISLINGTON STATIONS which brings together TTC,GO TRANSIT & MIWAY Mississauga Transit connections.5 Major supermarkets in the area & 2 shopping malls & minutes drive to the airport. Now that the NEW Etobicoke Civic Center Building Program of 9 towers is under construction & SCHEDULED COMPLETION by 2028,it will BE A GREAT INVESTMENT at this point to acquire a PIECE OF THE ACTION to develop your equity considerably in just 3 remaining years. At which point property values will be through the roof in the area & the assumed" DOWNTOWN ETOBICOKE" commercial real estate market price will be fully established & solid equity acquired.
Location
Province ON
County Toronto
Community Islington-City Centre West
Area Toronto
Region Islington-City Centre West
City Region Islington-City Centre West
Interior
Cooling No
Exterior
Garage Spaces 4.0
Community Features Major Highway,Public Transit
Utilities Available Yes
Lot Depth 141.0
Others
Security Features Partial