Welcome to this remarkable [] investment located in the coveted neighborhood of Little Portugal. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Prominent renovated corner building offering approximately 5936 total sq. ft., with 2488 sq. ft. of commercial space on main, 1885 sq. ft in basement and 1563 sq. ft. of residential space above. This is a strong, hands-off investment opportunity with the potential to rent to two tenants generating over $130,000 annually. The property has been renovated with updated mechanical systems, separately metered, providing peace of mind for long-term ownership. Features a stable, long-term commercial lease in place since 2014, with approximately 8 years remaining on the lease and potential for escalating as of Aug 2027. Tenant pays $7,716 per month, totaling $92,592 annually. The second floor offers vacant possession of a luxurious 3-bedroom, 2-bath apartment, ideal for an owner-occupier or to achieve full market rent and maximize returns. Potential to explore future expansion or redevelopment.
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Data-driven valuation for 1612 Dundas Street W, Toronto C01, ON M6K 1T8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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