$2,199,999 FOR SALE

Commercial/Retail

Lot: 19.25 x 141 ftTotal Area: 2,734 ft2
2024 Taxes: $17,616

5118 Dundas St W
Toronto, ON M9A 1C2 | Islington-City Centre West

Newly renovated Prime Property & Owner retiring & a REAR CHANCE to be for sale within 300m from the NEWELY approved 400K sqft of the NEW Etobicoke City Center Building Program & currently 9 towers under construction & another 4 being built on adjacent properties. A great Multi use income building for great investor EQUITY growth. Main floor is 1380 sqft PRIME commercial space plus 1380sqft basement with 3 washrooms & front & rear exits. Top floor is fully renovated has 2bdrm apt (2350/mth)at the front &1bdrm apt at the back ($2500/mth) 2 RENTAL INCOMES & tenants pay their own hydro. Large windows, well lit, well maintained with their own 3pcs washrooms, large eat in kitchens, new quart counter tops & sink/faucet with breakfast bar counter with 2 stainless steel fridges, 2 stoves & 2 washer & dryers & 2 stainless steel dishwashers, private entrances & central air condition in both apartments & newly upgraded 100 amp full electricity service, wires, main panel ,disconnect breaker & meter base, fully inspected & approved. Conveniently located near the NEWLY TRANSFORMED KIPLING SUBWAY TRANSIT HUB & ISLINGTON STATIONS which brings together TTC,GO TRANSIT & MIWAY Mississauga Transit connections.5 Major supermarkets in the area & 2 shopping malls & minutes drive to the airport. Now that the NEW Etobicoke Civic Center Building Program of 9 towers is under construction & SCHEDULED COMPLETION by 2028,it will BE A GREAT INVESTMENT at this point to acquire a PIECE OF THE ACTION to develop your equity considerably in just 3 remaining years. At which point property values will be through the roof in the area & the assumed" DOWNTOWN ETOBICOKE" commercial real estate market price will be fully established & solid equity acquired.

Extras
Only about 15% of comercial properties available for possible purchase in this vicinity since developers have already acquired and solidify their stake holdings of the other 85%.

Share

Listed By EASY LIST REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9284102
Last Updated Jan 06, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 075360148
Legal Description Plan 1602 PT Blk A
Occupancy Tenant
Possession Date Negotiable
Taxes (2024) $17,616
Tax Type Annual
Directions/Cross Streets King
Neighbourhood Islington-City Centre West
Area Toronto
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 19.25 x 141 ft
Retail Area 1,367 ft2
Office/Apt Area 1,367 ft2
Total Area 2,734 ft2
Approximate Age 51-99
Elevator None
Air Conditioning N
Basement Y
Garage Type None
Parking Spaces 4
Amps 200
Volts 600
Heat Type Water Radiators
Outside Storage N
Area Influences Major Highway, Public Transit
Sprinklers Part
Utilities Y
Water Municipal
UFFI No
Crane N
Rail N
Survey Y
Lot/Bldg/Unit Code Building
Zoning C
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.