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2909 Dundas St W

8,980 SF 100% Leased Retail Building Toronto, ON M6P 1Y9 $3,495,000 CAD ($389 CAD/SF) 5.50% Cap Rate

Retail Space Ontario Toronto 2909 Dundas St W, Toronto, ON M6P 1Y9

Investment Highlights

  • Versatile mix of retail and residential
  • Stable income from established tenants
  • Vibrant neighborhood with strong demand

Executive Summary

Priced at under $390 psf above grade & completely rebuilt in 2001, this 3 storey building located on one of the best blocks of the Junction, will generate close to a 5.5% cap rate fully leased with great upside potential. Configured as main floor retail & 10 residential apartments. Approx 3,000 sf per floor plus finished bsmt. Excellent opportunity for an investor with stable income from well-established Tenants. 3 of the prime 2 bedroom apartments will be vacant on closing allowing for a user opportunity, or for an investor to set their own rents. **** EXTRAS **** Located in Prime Junction Area in vibrant retail node surrounded by trendy restaurants and boutique retail.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,980 SF
Building Class
C
Year Built
1896
Price
$3,495,000 CAD
Price Per SF
$389 CAD
Cap Rate
5.50%
NOI
$192,225 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
3.00
Land Acres
0.07 AC
Zoning
CR 2.5 - Commercial Residential zone.
Frontage
23 ft on Dundas St
1 of 1
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

No Frills
YMCA
Coffee Time
Club Pilates
TD Canada Trust
Starbucks
Snap Fitness 24/7
freshii
CrossFit
LA Fitness
(416) 530-1100

  • Listing ID: 33535557

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: 2909 Dundas St W, Toronto, ON M6P 1Y9

The Retail Property at 2909 Dundas St W, Toronto, ON M6P 1Y9 is currently available For Sale. Contact Bosley Real Estate for more information.

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2909 Dundas St W
(416) 530-1100 x

2909 Dundas St W

1/2

Don Mulholland

(416) 530-1100

(416) 530-1100

Stephanie White-Willitts

(416) 530-1100

(416) 530-1100

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