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453 Dundas Street W Toronto (Kensington-Chinatown), Ontario M5J 2Y5

8 Bedroom 6 Bathroom 3500 - 3749 sqft
Central Air Conditioning, Air Exchanger, Ventilation System Forced Air

$4,288,000

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. (id:41954)

Property Details

MLS® Number C12312553
Property Type Single Family
Neigbourhood Spadina—Fort York
Community Name Kensington-Chinatown
Community Features Pet Restrictions
Equipment Type None
Features Flat Site, Balcony, Carpet Free
Rental Equipment Type None

Building

Bathroom Total 6
Bedrooms Above Ground 8
Bedrooms Total 8
Amenities Separate Electricity Meters
Appliances Range, Water Heater, Water Meter
Basement Development Finished
Basement Features Walk Out
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning, Air Exchanger, Ventilation System
Exterior Finish Brick, Concrete Block
Fire Protection Smoke Detectors
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3500 - 3749 Sqft
Type House

Parking

No Garage

Land

Acreage No
Zoning Description Cr3

https://www.realtor.ca/real-estate/28664517/453-dundas-street-w-toronto-kensington-chinatown-kensington-chinatown

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