453 Dundas Street W Toronto, Ontario M5T 1G8

6 Bathroom 4,446 ft2
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:53661)

Property Details

MLS® Number C12311912
Property Type Multi-family
Neigbourhood Spadina—Fort York
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 4,446 Ft2
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

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