1567 Dundas St W
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1567 Dundas St W
2,875 SF 100% Leased Retail Building Toronto, ON M6J 1T9 $1,048,753 USD ($365 USD/SF) 8% Cap Rate
Investment Highlights
- Renovated investment property with cannabis tenant
- Prime Little Portugal location, fully leased
- Two updated 1-bedroom units with separate entrances
Executive Summary
An exceptional opportunity for investors, this fully renovated mixed-use property boasts a reputable commercial retail tenant, Kindling Cannabis, on the main floor and two beautifully renovated residential units. The second-floor 1-bedroom apartment features condo-quality finishes, including an exclusive rooftop deck, while the basement 1-bedroom unit comes with extra storage, a deck, and access to the entire backyard. Both residential units are outfitted with modern amenities, including brand-new stainless steel appliances, gas stoves, and in-unit washers and dryers. Each unit has a separate entrance and individual HVAC systems, ensuring comfort and privacy for tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,875 SF
Building Class
C
Year Built
1900
Price
$1,048,753 USD
Price Per SF
$365 USD
Cap Rate
8%
NOI
$83,900 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.32
Lot Size
0.05 AC
Zoning
CR - Commercial Residential
Parking
2 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
19 FT on Dundas St
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (90)
Bike Score®
Biker's Paradise (96)
Nearby Major Retailers
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1567 Dundas St W
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