Welcome to this remarkable [] commercial retail located in the coveted neighborhood of Junction Area. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,175,000 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.
Located in the Best block in the Junction this meticulously maintained 3 storey property is just shy of 6,000 sq. ft, and is filled with character and possibilities. The building can be offered with vacant possession allowing for many possibilities for a user including LIVE/WORK, or the 2,241 sf main floor could be converted to a commercial use with souring 14' ceilings making a perfect location for a retail, hospitality, or services business with ample auxiliary income from the floors above. Currently configured as 5 large, beautifully updated, apartments with private terraces and up to a total of 14 bedrooms, this property boasts the potential of achieving an estimated cap rate of over 6% for an investor. Front entrance to lower level. A Green 'P' surface parking lot with electric charging stations and Bikeshare docks backs on to the property and is accessible by a rear gate. 24 hour bus at front door, walking distance to Bloor Subway, UP Express & Stockyards Mall.
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Data-driven valuation for 2963 Dundas Street W, Toronto W02, ON M6P 1Z2
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Properties in this area are selling at a steady pace.
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