location_on 3048 Dundas St, Toronto

Commercial/retail

3048 Dundas St

Toronto, Ontario M6P 1Z3

$4,999,900

For Sale

Property Information

Immediate 5.5% Cap rate opportunity with upside! Welcome to 3044, 3046, and 3048 Dundas St W. This three-story mixed-use building sits on a prominent corner lot in the bustling Junction High-Park area. Main floor features two long-term commercial tenants, the popular Axis Bar and an art gallery. Upper two floors feature six residential units, each with their own laundry, hot water heater, furnace, and A/C. All tenants pay their own utilities. Residential units include three 2-bedrooms, two bachelors, and one 1-bedroom. Truly an exceptional opportunity for investors or future developers. Don’t miss out on this gem in The Junction!

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : W11903216
Price : $4,999,900
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 0
Address
Postal Code : M6P 1Z3
City : Toronto
Street : Dundas
Street Number : 3048
Street Suffix : St
Floor Number : 0
Longitude : W80° 31' 44.6''
Latitude : N43° 39' 56.3''
Features
Heating System : Gas Forced Air Closd
Parking : 4
Brokerage
Office Name : CENTURY 21 FINE LIVING REALTY INC.
Extra Information
address/street_dir_suffix : W
Air Conditioning : Y
Area : Toronto
living_area : 0
living_area_unit : Sqft
Community : Junction Area
Lease : Sale
Street Direction : W
Tax Year : 2024

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3048 Dundas St Toronto, Ontario M6P 1Z3