Great and rare opportunity for a "new" building (totally gutted to the core) at a prime location in the heart of Old Chinatown. Fully leased retail @ premium rent with triple A tenants (upscale patisserie & trendy doggie yoga) on the main and lower levels. Luxuriously finished 2x 4 Bedrooms (with 2x Baths@) on the third and fourth levels (latter with a terrace). We left the residences vacant at new owner(s) discretion for possible lucrative short term rentals, university students or owner occupied dwellings. Flushed with natural lighting with CN tower and financial district views. Based on the demand and residential rates in the area, this prime investment opportunity can easily enjoy a full unrivalled 5%+ CAP. Highly visible via Dundas Street Car - close to Spadina and St.Patrick Station. Hop to Art Gallery of Ontario, Ontario College of Arts and Design (OCAD), Condo Towers and Village by the Grange and 52nd Division of Toronto Police Station in minutes. Public Parking a 2 minute walk. Hipness at its finest spilling off from Spadina and Queen West proper. Security cameras are installed. Owners will entertain VTB with substantial deposit/downpayment.
Address
453 Dundas Street W
List Price
$4,288,000
MLS® Status
New
Expiration Date
2026-01-02
Property Type
Residential Condo & Other
Type of Dwelling
Detached Condo
Style of Home
3-Storey
Transaction Type
For Sale
Area
Toronto C01
Sub-Area
Kensington-Chinatown
Region
Toronto
Bedrooms
8
Bedrooms (Total)
8
Rooms Above Grade
12
Bathrooms
6
Floor Area
3500 - 3749 Sq. Ft.
Square Foot Source
Plans
Lot Size Source
MPAC
Lot Shape
Rectangular
Parcel Number
212060103
Occupant Type
Partial
Cross Street
Dundas/Huron
MLS® Number
C12312553
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Basement Area
Finished with Walk-Out
Postal Code
M5J 2Y5
Tax Amount
$19,535.69
Tax Year
2025
Property Management Company
NIL
Pets
Restricted
Exterior Features
Year Round Living
Interior Features
Air Exchanger, Carpet Free, Countertop Range, ERV/HRV, Floor Drain, Separate Hydro Meter, Ventilation System, Water Heater Owned, Water Meter
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Other
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Association Fee Includes
None
Association Name
NIL
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Balcony Type
Open
Construction Materials
Brick, Concrete Block
Exposure
North South
Fireplace
No
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Laundry Features
Other
Legal Level Number
3 & 4
Security Features
Smoke Detector, Carbon Monoxide Detectors
Topography
Flat
Waterfront
No
Locker
None