426-428 Dawes Rd

LocationO'Connor-Parkview, M4B 2E8
$4.865M For Sale
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Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images

Description

Welcome to Prime Investment property. This versatile mixed-use property features four 2-bedroom units and two 1-bedroom units (6 Aprtments and 1 huge divisible retail unit with potential to expand) offering strong income potential. TTC bus stops right at the doorstep with direct access to the subway. Commercial and residential zoning allows for flexible use and future development opportunities. a wide-front retail space with zoning that allows for multiple uses ideal for medical offices, professional services, retail businesses, and more. Opportunity to expand the retail space into the north walkway of 428 Dawes (subject to zoning approval). Ten city-registered parking spots at the rear of the building, with capacity to accommodate up to 12 vehicles. The main-floor commercial unit, previously divided into two spaces, includes three 2-piece washrooms and is equipped with gas heating and air conditioning. A spacious 1,957 sq. ft. basement that is high, dry, and clean, featuring two washrooms. It was formerly divided and can be partitioned again if needed. Equipped with seven hot water tanks and nine separate hydro meters for convenience and efficiency. This is a rare chance to own a high-potential property in a sought-after location. ***VTB available for qualified Buyers****

Features

  • Business Type
    Category: Retail Store Related
  • Commercial Total Area
    Total Area: 7,815 sqft
  • Commercial Office Area
    Office Area: 5,858 sqft
  • Commercial Retail Area
    Retail Area: 1,957 sqft
  • Commercial Parking Types
    Parking Types: Reserved/Assignd

Details

  • Commercial Zoning
    Zoning: Commercial
  • Tax Amount
    Tax: $ 18,562
  • Alcohol Allowed
    Alcohol Allowed: N
  • Commercial Features
    Features: Public Transit
  • MLS
    E12601676
  • Listing contracted with: RE/MAX ACE REALTY INC.

Transit Accessibility

Victoria Park Subway Station (1km)
Danforth Go Train Station (1.7km)

Location