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480 Dundas St W 3,316 SF 100% Leased Retail Building Toronto, ON M5T 1G8 $2,153,572 USD ($649.45 USD/SF) 5.22% 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
3,316 SF
Building Class
C
Year Built
1976
Price
$2,153,572 USD
Price Per SF
$649.45 USD
Cap Rate
5.22%
NOI
$112,310 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
1.27
Lot Size
0.06 AC
Zoning
CR - Commercial
Parking
2 Spaces (0.6 Spaces per 1,000 SF Leased)
Frontage
21’ on Dundas St
Amenities
- 24 Hour Access
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 5
Videos
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480 Dundas St W
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