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$ 5,985,000
Est. payment | /mo
$ 5,985,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Municipality Toronto W02
Subdivision High Park North
MLS Listing ID W13153376
Annual Tax Amount $17,356
Tax Year 2025
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Zoning IC, D2, N2
Interior
Cooling Yes
Inclusions 14 Fridges, 13 Stoves/Tops, 11 Washers and Dryers, 11 Hot Water Tanks, 10 Air Conditioning
Exterior
Parking Features None
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Building
Lot Description Lot
Lited by EXP REALTY
Nearby Locations
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