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Home ON Greater Toronto Area Toronto Old Toronto Downtown Yonge East Garden District
86 DALHOUSIE STREET
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86 DALHOUSIE STREET $1,850,000
$1,850,000
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86 DALHOUSIE STREET
Toronto (Church-Yonge Corridor), Ontario M5B2A6

MLS® Number: C12206925

Listing 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. (40645737)

Location Description

Church & Dundas

Property Summary

Property Type
Office
Building Type
Offices
Community Name
Church-Yonge Corridor
Land Size
25.25 x 55 FT
Annual Property Taxes
$27,600.42
Time on REALTOR.ca
18 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
3049 sqft

Land

Lot Features
Frontage
25 ft ,3 in
Land Depth
55 ft
Other Property Information
Zoning Description
CR3(c2;r3*1387),CR3(c2;r3*2166)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
WILL ANGUS