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3635 Dundas St

10,500 SF 100% Leased Retail Building Toronto, ON M6S 2T2 $2,847,623 USD ($271 USD/SF) 7.48% Cap Rate

Investment Highlights

  • Large Corner Lot
  • Recently Renovated Units
  • Quick Access to Downtown Core and Highway

Executive Summary

7.48% CAP RATE! A remarkable 15-unit Corner Building, located in the best High Park – Junction Neighborhood in Toronto. 11,221 Square Foot building consists of 13 recently renovated residential units and 2 commercial units. Net Income has been increased substantially in the last couple of months with legacy tenant turnover. True Net Income is $299,359 including 5% management fee and proper repairs and maintenance expenses. The residential units are very spacious with perfect layouts, and all have their own Separate Laundry and HVAC. All the units are Separately Metered for Hydro and Gas. All Mechanicals, Electrical, Plumbing and HVAC have been Upgraded. This is the time to buy! Be the savvy investor who bought at such a High Cap Rate as interest rates continue to go down!

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Year Built
1980
Price
$2,847,623 USD
Price Per SF
$271 USD
Cap Rate
7.48%
NOI
$213,002 USD
Percent Leased
100%
Building Height
2 Stories
Parking
7 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
56 FT on Dundas St
Walk Score ®
Very Walkable (88)
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.®

Nearby Major Retailers

Denny's
Starbucks
Tim Hortons
TD Canada Trust
Loblaw
FRESH CO.
F45 Training, Inc.
Osmow's
Coffee Culture
Roti Modern Mediterranean
  • Listing ID: 33636273

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 3635 Dundas St, Toronto, ON M6S 2T2

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