2480 Dundas Street W Toronto, Ontario M6P 1W9
$5,985,000
14 Live/Work Unit Investment Property in High Park North. Prime High Park North location. Offered at $5,985,000, 2480 Dundas Street West is a substantially renovated income-generating property featuring 14 unique live/work hard loft studios plus rooftop signage income. The property offers a 6.15% cap rate, gross income of $447,112.56, and net income of $368,120. Renovated throughout with strong character, the building includes exposed brick, large wood beams, approximately 12-foot ceilings, triple-glazed windows, wood flooring, a high-efficiency furnace, separate hydro meters, and individual hot water tanks. Most units include en-suite laundry. Ideally located near Bloor & Dundas, Union Pearson Express, Dundas West Subway Station, Bloor GO Station, Bloor West Village, The Junction, and High Park. Strong tenant profile, high-demand location, and easy-to-manage building. (id:63203)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | W13153376 |
| Property Type | Multi-family |
| Neigbourhood | High Park North |
| Community Name | High Park North |
| Amenities Near By | Public Transit, Recreation |
Building
| Appliances | Dryer, Water Heater, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 11,937 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 80 Ft |
| Size Frontage | 82 Ft ,5 In |
| Size Irregular | 82.42 X 80 Ft |
| Size Total Text | 82.42 X 80 Ft |
| Zoning Description | Ic, D2, N2 |
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