Toronto, Ontario
420-438 Dawes Road

Price: USD 6,391,282

Status: Sale

Type: Commercial

Zipcode: M4B2E3

Reference/MLS#: 4163212228

INVESTMENT BUILDING BUSY IMMIGRANT & WORKING CLASS


Commercial Investment Building Stores with Apartments –
420/422/424/426/428/430/432/434/436/438 Dawes Road, City of Toronto
Intersection: Dawes and Victoria Park
Located southeast of the Don Valley, the neighborhood is bordered on the South by Taylor-Massey Creek (which flows west into the Don), to the east by Victoria Park Avenue and to the north by Holland Avenue

This is a 3 Storey, 244.83x116.58 feet commercial investment building with containing Twenty Two 2-Storey Apartments and 7 main floor retail businesses with basements. Each of the Twenty Two Residental units as well as the 7 Retail Units have separate meters for utilities making this property an excellent source of hassle-free investment and/or income.
The Retail Businesses on the Main Floor are currently operated as follows:
Unit 420 -Restaurant, Unit 422- Dollar Store(owner operated), Unit 424- Pharmacy, Units 426-428- Perfume Shop, Unit 430- Restaurant, Units 432-434- Laundromat, Units 436-438 – Super Market.

With multiple possibilities of income/investment and great potential for increasing property value and rent through renovations and upgrades, the Property has lots room for growth. Don’t Miss Out on this excellent opportunity to invest in a neighborhood that is considered by many as one of Toronto’s best kept secrets!

Property Occupancy
Occupied by owner
Location
City
Water Source
City/mains water
Septic
City sewer
Renovation
Fully renovated
Parking
no parking
Courtesy of
  • ROYAL LEPAGE VISION REALTY

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