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:61852)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | W13153376 |
| Property Type | Multi-family |
| Neigbourhood | High Park North |
| Community Name | High Park North |
| AmenitiesNearBy | Public Transit, Recreation |
| Appliances | Dryer, Water Heater, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 11937 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit, Recreation |
| SizeDepth | 80 Ft |
| SizeFrontage | 82 Ft ,5 In |
| SizeIrregular | 82.42 X 80 Ft |
| SizeTotalText | 82.42 X 80 Ft |
| ZoningDescription | Ic, D2, N2 |
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Ernest Furtado
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