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****
Address
426-428 Dawes Road
List Price
$4,865,000
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto E03
Sub-Area
O'Connor-Parkview
Region
Toronto
Lot Depth
116.58
Lot Type
Building
Lot Size Units
Feet
Lot Width
53.51
Total Building Area
7815
Occupant Type
Owner+Tenant
Cross Street
Victoria Park/Crescent town/Dawes RD
MLS® Number
E12601676
Listing Brokerage
RE/MAX ACE REALTY INC.
Postal Code
M4B 2E8
Posession Details
TBA
Tax Amount
$18,561.50
Tax Year
2025
Site Influences
Public Transit
Community Features
Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Other
Cooling Features
Partial
Garage Type
Reserved/Assignd
Security Features
No
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