Description

488 Dupont Street (the "Property") is a single-tenant commercial property with a combined 0.47-acre site area strategically located in Toronto's rapidly intensifying Dupont Street corridor, underpinned by a stable income stream. The Property comprises the main commercial building at 488 Dupont Street and a dedicated surface parking parcel both enjoying price positioning within a high-growth, urban mixed-use node. The investment is secured by a lease with Noble, a leading national wholesaler in the essential plumbing and HVAC products sector a resilient revenue base. Notably, the site offers exceptional long-term redevelopment potential due to its substantial total area and location in an area designated for high-density intensification, providing a highly attractive covered land play for future value creation. This is a rare chance to own a cash-flowing asset with a strong covenant in a supply-constrained Toronto core location, offering both immediate financial stability and significant future upside.