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$ 4,288,000
Est. payment /mo
New
453 DUNDAS STREET W Toronto (kensington-chinatown), ON M5J2Y5
8 Beds
6 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium/Strata
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $1,225
Subdivision Kensington-Chinatown
MLS® Listing ID C12312553
Bedrooms 8
Property Sub-Type Condominium/Strata
Source Toronto Regional Real Estate Board
Property Description
Great and rare opportunity for a "new" building (totally gutted to the core) at a prime location in the heart of Old Chinatown. Vaulted Ceilings, sky lights, top of the line appliances and fixtures (recessed lit mirrors & defogger).....Fully leased retail @ premium rent with triple A tenants (upscale patisserie & trendy doggie yoga) on the main and lower levels. Luxuriously finished 2x 4 Bedrooms (with 2x Baths@) on the third and fourth levels (latter with a terrace). We left the residences vacant at new owner(s) discretion for possible lucrative short term rentals, university students or owner occupied dwellings. Flushed with natural lighting with CN tower and financial district views. Based on the demand and residential rates in the area, this prime investment opportunity can easily enjoy a full unrivalled 5%+ CAP. Highly visible via Dundas Street Car - close to Spadina and St.Patrick Station. Hop to Art Gallery of Ontario, Ontario College of Arts and Design (OCAD), Condo Towers and Village by the Grange and 52nd Division of Toronto Police Station in minutes. Public Parking a 2 minute walk. Hipness at its finest spilling off from Spadina and Queen West proper. Security cameras are installed. Owners will entertain VTB with substantial deposit/downpayment. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning, Air exchanger, Ventilation system
Exterior
Parking Features No
Community Features Pet Restrictions
View Y/N No
Private Pool No
Building
Story 3
Others
Ownership Condominium/Strata
Listed by HARVEY KALLES REAL ESTATE LTD.