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480 Dundas St W 4,000 SF 100% Leased Retail Building Toronto, ON M5T 1G8 $2,240,816 USD ($560.20 USD/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Extra long Lot available for Building Extension.
- Great opportunity in Chinatown to buy a solid Brick Building.
- Fully rented with 3 steady good incomes.
EXECUTIVE SUMMARY
* Motivated Seller*. Great opportunity in world famous center of Chinatown. Solid Brick Building For Sale. Fully rented with 3 steady good incomes. Bustling with various Business, Banks, Restaurants popular with Tourists foot traffic. Underground Parking & steps from 2 TTC Routes 24/7. L/F (1,250SF) Optical shop with street exposure. G/F (1,250F) TCM Herbal store with Lotto 6/49. 2/F upscale Health-Beauty/Spa. Extra long Lot available for Building Extension.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built
1976
Price
$2,240,816 USD
Price Per SF
$560.20 USD
Cap Rate
4%
NOI
$89,633 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
1.53
Lot Size
0.06 AC
Zoning
CR - Commercial
Parking
2 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
21’ on Dundas St
AMENITIES
- 24 Hour Access
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (100)
NEARBY MAJOR RETAILERS
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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480 Dundas St W
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