
List Price: $1,920,000 9% reduced
2913 Dundas Street, Etobicoke, M6P 1Z1
- By CUSHMAN & WAKEFIELD
Commercial Retail|MLS - #W10428390|Price Change
Bed
Bath
3847.5 Sqft.
Lane Garage
Client Remarks
Coveted investment property for sale in the heart of the Junction offered at healthy going in 5.1% cap rate. Fully renovated building in Landmark location. Ground floor leased to AAA optometrist tenant on strong triple net lease, who has tenanted the building for 15 yrs & in business in The Junction for 42 yrs. Current lease term runs to 2027 + option to renew (&desire for tenant to stay) with annual rent escalations. 2nd Fl is 1x1 bedroom apartment and 1x2 bedroom apartment, both presently leased. Retail unit has a fully renovated lower level of approx. 1000 SF of additional + usable space, currently used for optometry lab. Clean, well-maintained building with top to bottom renovations. A strong carefree investment with future upside. 2 parking spaces at rear. Modern heating/cooling system. Bright, clean apartments, recently renovated & repainted. Front and rear access with rear laneway. Rare opportunity to buy a stable cash flowing property on the best block in the Junction. **EXTRAS** Low maintenance, well cared for property along the bustling Junction's best retail block. Landlord open to a creative deal structure, EG interest-only Vendor Take-Back Mortgage to qualified buyers.
Property Description
2913 Dundas Street, Etobicoke, M6P 1Z1
Property type
Commercial Retail
Lot size
N/A acres
Style
Approx. Area
3847.5 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
3847.5
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
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