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$3,500,000
Toronto
584 Dundas Street West, Toronto (Kensington-Chinatown), Ontario, M5T1H5
This multi-family property in Toronto is for sale offering roughly 6,716 sq ft of space.
Rare Opportunity In The Heart Of Toronto 's Vibrant Chinatown! 2- Storey Detached Building With A Finished Lower Level Basement. Offers Approximately 6,716Sqft. Of Total Usable Space. The Main Floor Features 3 Separate Units, Including A Beauty/ Hair Salon & Two Spacious 2 Bedrms Residential Units, Each With Its Own Kitchen & Bath. The Second Floor Totally Renovated In 2015 And Offers 10 Bedrms & 5 Bathrms & 1 Kitchen, Providing Excellent Flexibility For Multi-Generational Living, Rental Income Or Other Permitted Uses. Ideal For Investors Or Owner-Occupiers Seeking A Unique Live/Work & Income Generating Property. Prime Downtown Location Surrounded By Restaurants, Shops, Transit, Kensigton Market, Queen St W, Spadina Ave, Schools, The Ago, Toronto Islands, Eaton Centre, Oca, Hospitals, Banks, Parks. Accessibility & Strong Potential For Multiple Income Streams. A Rare Combination Of Location, Size & Flexibility In One Of Toronto's Most Established & Vibrant Neighborhoods, Potential To Build One More Floor As A Three Stories Building. Buyer To Verify Zoning, Permitted Uses & All Measurements. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 130 days on market, against an average age of 81 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 multi-family in Toronto (Kensington-Chinatown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,500,000, about 56.8× the local median household income of $61,600.
Carrying it typically needs a household income of about $683,673 (20% down, 25-yr amortization, stress-tested) — roughly 1010% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5T)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice