837 Dundas Street, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Trinity-Bellwoods. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $6,399,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 81.35 x 50.07 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Rare opportunity to acquire a corner lot, mixed-use commercial/res property in the heart of Trinity Bellwoods, with 2 parking spots. Meticulously maintained by a very attentive landlord. Location: Steps from Trinity Bellwoods Park and Toronto Western Hospital and easy access to the university of Toronto. The area is surrounded by excellent restaurants and amenities, making it highly desirable for both residential and commercial tenants. Income potential: this property can achieve a cap rate of 5% and is capable of being cash flow positive with a market-rent commercial tenant @ $45 per sqft. Commercial space: The main floor offers ~3,500 sqft of clear-span space with an interior that is currently divided into modern office units. Vacant possession, or new tenancy, is possible. Residential units: The upper floor features three very large residential apartments with 10 ft ceilings and extra storage lockers for each unit. Two x 2 bed units: Modern up to date finishes. One x bed unit: Vacant and ready for a new tenant, or an owner/occupier. Each unit has an additional storage locker. Basement: The finished basement is maybe one of the cleanest basements in this area and offers high ceilings, polished floors, and a separate entrance, making this suitable for a third tenant or as an extension of the main floor commercial space. Detailed expenses and a professionally prepared planning report indicating future potential are available upon request.
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Pricing & Value Insights
Data-driven valuation for 837 Dundas Street W, Toronto C01, ON M6J 1V4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $6,399,000 in Toronto, the legal minimum down payment is $1,279,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $146,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $146,450 also applies, bringing the total estimated land transfer taxes to $292,900.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.