885 Dundas Street West, Toronto (Trinity-Bellwoods) - Business for Sale
885 Dundas Street West, Toronto (Trinity-Bellwoods), Ontario, M6J1B9
This business in Toronto is for sale offering roughly 3,277 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 48 days.
Description
**ATTENTION INVESTORS & ENTREPRENEURS!** A standout opportunity in the heart of vibrant Trinity-Bellwoods! This impressive three-storey mixed-use corner property delivers exceptional character, style and versatility in one of Toronto's most sought-after neighbourhoods. Completely transformed and renovated back to the studs, the property features a striking main-floor restaurant space, complemented by a spectacular two-storey residential suite above, offering sweeping views of the downtown Toronto skyline. With outstanding street presence, extensive renovations and a highly desirable location surrounded by some of the city's best restaurants, cafés and boutiques, this is an incredible opportunity for investors, owner-operators or those looking to secure a distinctive income-generating asset with tremendous upside and future potential. (id:66096)
Property Details
- MLS®
- C14148916
- Property Type
- Business
- Zoning
- CR 2.5
- Parking
- 2
- Interior Size
- 3,277 ft²
- Lot Size
- 18 × 90 ft (1,598 sq ft)
- Frontage
- 18 ft
- Heating
- Other
- Cooling
- Fully air conditioned
- Property Tax
- $20,336.56/yr
- Listed
- 2 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 2 days on market, against an average age of 48 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Trinity-Bellwoods) has been listed for 2 days, which is 46 days fresher than the city average of 48. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6J)
This home lists at $2,795,000, about 31.1× the local median household income of $90,000.
Carrying it typically needs a household income of about $545,961 (20% down, 25-yr amortization, stress-tested) — roughly 507% above the area median.
- Median household income
- $90,000
- Population
- 32,111
- Median age
- 36.8
- Owner / renter
- 49% / 51%
- Avg. household size
- 2
Source: Statistics Canada, 2021 Census (FSA M6J)
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$2,795,000
Toronto