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2480 Dundas Street W Toronto (High Park North), Ontario M6P 1W9

11937 sqft
Fully Air Conditioned Hot Water Radiator Heat

$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:57276)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number W13153376
Property Type Multi-family
Community Name High Park North
AmenitiesNearBy Public Transit, Recreation

Building

Appliances Dryer, Water Heater, Washer
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
SizeInterior 11937 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Recreation
SizeDepth 80 Ft
SizeFrontage 82 Ft ,5 In
SizeIrregular 82.42 X 80 Ft
SizeTotalText 82.42 X 80 Ft
ZoningDescription Ic, D2, N2

https://www.realtor.ca/real-estate/29781900/2480-dundas-street-w-toronto-high-park-north-high-park-north

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Ernest Furtado
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