Great and rare opportunity for a "new" building (totally gutted to the core) at a prime location in the heart of Old Chinatown. Vaulted Ceilings, sky lights, top of the line appliances and fixtures (recessed lit mirrors & defogger).....Fully leased retail @ premium rent with triple A tenants (upscale patisserie & trendy doggie yoga) on the main and lower levels. Luxuriously finished 2x 4 Bedrooms (with 2x Baths@) on the third and fourth levels (latter with a terrace). We left the residences vacant at new owner(s) discretion for possible lucrative short term rentals, university students or owner occupied dwellings. Flushed with natural lighting with CN tower and financial district views. Based on the demand and residential rates in the area, this prime investment opportunity can easily enjoy a full unrivalled 5%+ CAP. Highly visible via Dundas Street Car - close to Spadina and St.Patrick Station. Hop to Art Gallery of Ontario, Ontario College of Arts and Design (OCAD), Condo Towers and Village by the Grange and 52nd Division of Toronto Police Station in minutes. Public Parking a 2 minute walk. Hipness at its finest spilling off from Spadina and Queen West proper. Security cameras are installed. Owners will entertain VTB with substantial deposit/downpayment.
Address
453 Dundas Street W
List Price
$4,288,000
MLS® Status
New
Expiration Date
2026-01-02
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
For Sale
Area
Toronto C01
Sub-Area
Kensington-Chinatown
Region
Toronto
Bathrooms
6
Lot Size Source
MPAC
Lot Depth
100
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
15
Parcel Number
212060103
Total Building Area
4445.54
Occupant Type
Tenant
Cross Street
Dundas/Huron
MLS® Number
C12311912
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Postal Code
M5T 1G8
Posession Details
IMMED - TBA
Tax Amount
$19,535.69
Tax Year
2025
Community Features
Public Transit, Subways
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Security Features
Yes