FOR SALE

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FOR SALE. Ernest Furtado. Sales Representative. 416-539-9977. 2480 Dundas Street West. Toronto, ON M6P 1W9. Asking: $6,7
FOR SALE

Asking: $6,750,000 Net Income: $288,600 Cap Rate: 4.3% Ernest Furtado Sales Representative

416-539-9977

2480 Dundas Street West. Toronto, ON M6P 1W9

W

e are pleased to offer for sale a rare opportunity to own this fabulous Loft Building located at 2480 Dundas Street West, Toronto. This Site is improved with 11,045-square feet of Live/ Work Hard Loft studios that has undergone substantial upgrades including the Furnace, electrical, Kitchens/Baths and much more. The building is currently leased out to 16 tenants and generates a net operating income of $288,600. There is also a value-add component to this investment. The Site’s excellent access to existing transit infrastructure and its location in an identified Key Intersection makes the Property a prime candidate for future redevelopment and intensification. The Site is ideally located in proximity to Bloor/Dundas, Union Pearson Express, Dundas West Subway, and the Bloor GO Stations. This location will further benefit from the upcoming completion of many large development projects located just steps away in the Junction, High Park, Bloor West and Roncesvalles.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

EXPENSES Taxes

$20,935

Gas

$5,731

Electricity

$3,246

Garbage Bin Storage

$1,356

Water/Sewage

$8,926

Super

$3,000

Management

$12,749

Maintenance

$10,400

Insurance

$3,788

Vacancy

$5,464

Total Yearly

1.5%

$75,595

Total Monthly STUDIO #

3.5%

$6,300 Income

Sq Footage

LEASE EXPIRY

EN-SUITE LAUNDRY

100

$1,575

Studio

415

31-Aug-18

Yes

101

$2,600

Pottery

721

month to month

No

102

$1,817

Studio

532

month to month

Yes

104

$2,067

Studio

1845

month to month

Yes/Tenants

2472

$1,250

Studio

170

30-Sep-18

No

2474

$3,600

Studio

1377

30-Sep-18

Yes

200

$1,832

Studio

623

01-Dec-18

No

201

$1,885

Studio

583

31-Mar-19

Yes

202

$2,200

Studio

970

month to month

Yes

203

$3,600

Studio

1609

30-Oct-18

Yes

204

$1,485

Studio

430

31-May-19

Yes

205

$3,100

Studio

1435

month to month

Yes

C1

$1,195

Studio

400

28-Feb-19

No

C2

$100

Storage/Office

75

31-Dec-18

R/I

C3

$1,150

Studio

275

31-May-19

No

Signs

$500

31-Aug-19

Signs

$300

31-Dec-19

Monthly Yearly NET

$30,356

Total Sq Footage

11,460

$364,271 $288,680

* All leases are plus hydro, except for C1 ,C2, C3, 2472

Fridges Stoves/tops Washer/Dryer 13

13

08

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

HWT 13

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.

The information contained herein has been obtained through sources deemed reliable by EXP Realty of Canada Inc. but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.