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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!
9 Furnaces, 9 Air Conditioners, 8 Hot Water Heaters, 6 Washers, 6 Dryers, 6 Fridges, 6 Stoves
City: Toronto
Neighborhood: Junction Area
Purchase Price | $4999900 |
Down Payment | $999980 |
Mortgage Insurance | $0 |
Total Mortgage | $3999920 |
Mortgage Payment | $24649 |
Property Taxes | $2259 |
Maintenance Fees | $0 |
Monthly Payment | $26907 |
Located at 3048 Dundas St W , this Toronto house is available for sale. This property was listed for $4,999,900 on Wed Jan 01 2025. This house's size is 45.67 x 104.91 Feet. It has 9 bedrooms and 11 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 3048 Dundas St W, Toronto is situated in the Junction Area neighbourhood.
MLS#: W11903219 · $4,999,900 · 9 bedroom house in Junction Area, Toronto