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Listing photo of 2963 DUNDAS STREET W

Toronto

Toronto

$2,988,000

2963 DUNDAS STREET W, Toronto, M6P1Z2

MLS Number: W13430790

Beds

14

Baths

6

Listing

For Sale

Type

Freehold

Square Feet

5,000 - 100,000

Located in the Best block in the Junction this meticulously maintained 3 storey property is just shy of 6,000 sq. ft, and is filled with character and possibilities. Currently configured as 5 large, beautifully updated, apartments with private terraces and up to a total of 14bedrooms, this property boasts the potential of achieving an estimated cap rate of over 6% for an investor. The building can also be offered with vacant possession allowing for many possibilities for a user including LIVE/WORK, or the 2,241 sf main floor could be converted to a commercial use with souring 14' ceilings making a perfect location for a retail, hospitality, or services business with ample auxiliary income from the floors above. Front entrance to lower level. A Green 'P' surface parking lot with electric charging stations and Bikeshare docks backson to the property and is accessible by a rear gate. 24 hour bus at front door, walking distance to Bloor Subway, UP Express & Stockyards Mall.

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Down Payment

$597,600

Mortgage Amount

$2,390,400

Principal + Interest

$13,821 / mo

5-Year Term Payments

$829,276

Estimated Monthly Carrying Cost

$14,471

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

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