Description

Exceptional investment opportunity in the heart of Toronto's vibrant West End.This three-storey mixed use building offers approximately 3,870 square feet of rentable space, including approximately 1800 square feet of ground-floor retail space on bustling Dundas Street West. The upper levels include front and rear two-storey apartments, each with two bedrooms, accessed via a shared entrance from Dundas Street West. A laneway at the rear, accessible from Sheridan Avenue, provides convenient rear access and parking for approximately two vehicles. Ideally situated close to transit, shops, restaurants, and established neighbourhood amenities. This property presents excellent potential for investors, owner users, or those seeking a prime mixed use asset. (id:66096)

Property Details

MLS®: C13637138
Property Type: Retail
Zoning: CR2.5(c1;r2*1584), R(d1*804)
Interior Size: 3,142 ft²
Frontage: 20 ft
Building Area: 3,142 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $18,325/yr
Listed: 92 days ago

Market Timing

Days on market

92d

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$700

List price

$2.20M

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.

Haho

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Area context

Neighbourhood profile (M6K)

This home lists at $2,200,000, about 30.6× the local median household income of $72,000.

Carrying it typically needs a household income of about $429,737 (20% down, 25-yr amortization, stress-tested) — roughly 497% above the area median.

Median household income: $72,000
Population: 42,110
Median age: 35.6
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M6K)

$2,200,000· $700/ft²

For sale

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Financing

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1535 Dundas Street West, Toronto (Little Portugal) - Retail for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (M6K)

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