6 Bathroom
4446 sqft
Fully Air Conditioned
Other
$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
|
C12311912 |
Property Type
|
Multi-family |
Community Name
|
Kensington-Chinatown |
Amenities Near By
|
Public Transit |
Building
Bathroom Total
|
6 |
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Interior
|
4446 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit |
Size Depth
|
100 Ft |
Size Frontage
|
15 Ft |
Size Irregular
|
15 X 100 Ft |
Size Total Text
|
15 X 100 Ft |
Zoning Description
|
Cr3 |
https://www.realtor.ca/real-estate/28663324/453-dundas-street-w-toronto-kensington-chinatown-kensington-chinatown