22
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$1,850,000
Est. payment /mo
3,049 SqFt
New
86 Dalhousie ST Toronto C08, ON M5B 2A6
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,049 sqft
Price per Sqft $606
Subdivision Church-Yonge Corridor
MLS Listing ID C12206910
Annual Tax Amount $27,600
Tax Year 2025
Property Sub-Type Investment
Property Description
Great investment opportunity located steps from the Dundas streetcar and Toronto Metropolitan University. This property was originally configured as a boutique four unit apartment asset which included one large three bedroom unit on the second floor, a bachelor and two bedroom unit on the ground floor, and a one bedroom unit in the basement. The building has been utilized as a construction office for the past few years and will be sold vacant. Investors with the appetite to take on a project and perhaps put in some of their own sweat equity can benefit from the upside of a very healthy residential rental market and can capitalize on the buildings proximity to the university should they want to target students. The flexible zoning also permits an office or retail conversion and the as-of-right site-specific zoning permits increased density on the site allowing for up to a six storey development. There is a large underground Green P just to the south of the building.
Location
Province ON
County Toronto
Community Church-Yonge Corridor
Area Toronto
Zoning CR3(c2;r3*1387),CR3(c2;r3*2166)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 25.25
Lot Depth 55.0
Others
Security Features No
Listed by LENNARD COMMERCIAL REALTY
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