$1,899,000
Toronto
2233 Dundas Street West, Toronto (High Park-Swansea), Ontario, M6R1X6
This retail property in Toronto is for sale offering roughly 3,528 sq ft of space. It has been on the market 37 days, fresher than the Toronto average of 55 days.
Exceptional mixed-use investment opportunity in a highly desirable Dundas West location, and right in the middle of the desirable High Park/Roncesvalles communities. This well-positioned property offers a unique combination of commercial and residential income, featuring nearly 1800 sq. ft. of main-floor commercial space, plus the finished basement and garage, currently occupied by an established coffee shop/yoga studio. Two separate residential rental units provide additional income, creating three distinct income streams. All units are separately metered, landlord pays Water and Garbage. The commercial tenancy is currently on month to month. An excellent opportunity for investors seeking a diversified mixed-use asset with established tenancy and built-in rental growth. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 37 days on market, against an average age of 55 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 retail in Toronto (High Park-Swansea) has been listed for 37 days, which is 18 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,899,000, about 18.3× the local median household income of $104,000.
Carrying it typically needs a household income of about $370,941 (20% down, 25-yr amortization, stress-tested) — roughly 257% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6R)
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