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.