Located a few steps from Ossington Ave. in the Trinity-Bellwoods neighbourhood, this 3 storey property is configured as main floor commercial, 2 x 3 bedroom apartments with decks above, and separate basement unit used for storage/studio below. 1167 Dundas St W. offers an excellent opportunity for an investor to purchase a building in one of the most dynamic areas in Toronto. The Main floor is leased to an established and successful clothing retailer. The second floor 3 bedroom and basement are leased on a month to month basis. The 3rd floor, newly renovated 3 bedroom apartment is vacant allowing a buyer to occupy the unit or set their own rents. All tenants are paying close to market rent meaning this property boasts the potential of achieving an estimated cap rate of over 5%.
Address
1167 Dundas Street W
List Price
$2,395,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Trinity-Bellwoods
Region
Toronto
Bathrooms
4
Lot Depth
88.67
Lot Type
Lot
Lot Size Units
Feet
Lot Width
14.5
Parcel Number
212770147
Total Building Area
2807
Occupant Type
Partial
Cross Street
Ossington / Dundas
MLS® Number
C13159178
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Basement
Yes
Postal Code
M6J 1X3
Posession Details
30 days/tba
Parking Spaces
1
Tax Amount
$12,606.72
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Baseboard
Cooling
No
Cooling Features
No
Garage Type
Lane
Tax Legal Description
PT LT 4-5 PL 363 CITY WEST AS IN CA463950; CITY OF TORONTO
Security Features
No
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