3010-3016 Dundas Street W Toronto, Ontario M6P 1Z3

5 Bathroom 9,940 sqft
Partially Air Conditioned Other

$7,999,000

RARE JUNCTION MIXED-USE INVESTMENT WITH MAJOR DEVELOPMENT UPSIDE! Prime 69.25 ft frontage x 173 ft depth on Dundas St W in the heart of The Junction, one of Toronto's most sought-after and fastest-growing neighbourhoods. Approx. 9,940 gross sq ft featuring 3 retail units plus 1 residential unit, with 5 washrooms. Strong in-place income: total potential revenue of $314,000 and NOI of $277,393. Collect stable cash flow today while you plan for tomorrow. HUGE DEVELOPMENT POTENTIAL: The proposed development for the site is a mixed-use, mid-rise commercial/residential rental complex containing 15 storeys, with 2 commercial rental units and 123 proposed residential rental units. The proposed GFA is approximately 117,950 SF (9.49 FSI). Zoned CR (Commercial Residential) within a Mixed Use Areas designation. Surrounded by trendy cafes, restaurants, breweries and boutiques, with TTC at your door and quick access to the UP Express, Bloor GO and the Junction Triangle. Ideal for investors, developers and end-users alike. Opportunities like this on Dundas West don't come along often. Don't miss it! Receivership sale, sold "as is, where is" without representations or warranties. (id:67892)

Property Details

MLS® Number W14167904
Property Type Retail
Community Name Junction Area
Parking Space Total 6

Building

Bathroom Total 5
Age 51 To 99 Years
Cooling Type Partially Air Conditioned
Heating Type Other
Size Exterior 9940 Sqft
Size Interior 9,940 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 173 Ft
Size Frontage 32 Ft ,2 In
Size Irregular Bldg=32.2 X 173 Ft
Size Total Text Bldg=32.2 X 173 Ft
Zoning Description Cr2.5(c1;r2*2220)

https://www.realtor.ca/real-estate/30499967/3010-3016-dundas-street-w-toronto-junction-area-junction-area