2480 Dundas Street West, Toronto (High Park North), Ontario M6P1W9

Property Description

14 Live/Work Unit Investment Property in High Park North. Prime High Park North location. Offered at $5,985,000, 2480 Dundas Street West is a substantially renovated income-generating property featuring 14 unique live/work hard loft studios plus rooftop signage income. The property offers a 6.15% cap rate, gross income of $447,112.56, and net income of $368,120. Renovated throughout with strong character, the building includes exposed brick, large wood beams, approximately 12-foot ceilings, triple-glazed windows, wood flooring, a high-efficiency furnace, separate hydro meters, and individual hot water tanks. Most units include en-suite laundry. Ideally located near Bloor & Dundas, Union Pearson Express, Dundas West Subway Station, Bloor GO Station, Bloor West Village, The Junction, and High Park. Strong tenant profile, high-demand location, and easy-to-manage building. (id:5764)