1613 Dundas St W, Toronto, Ontario M6K 1T6

Listed for:
$3,899,900
0 beds
7 baths
Listed 259 days ago
Residential Commercial Mix for rent: 1613 Dundas St W, Toronto, Ontario M6K 1T6

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Listing provided by:
BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY
MLS® number:
C6764086
Agent:
Teia Eagar
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About

1613-15 DUNDAS ST. W & 269 BROCK AVE. is an interesting opportunity to own a handsome and lucrative piece of real estate. Located on the southeast central corner of Dundas Street W and Brock Ave. A bustling location in Brockton Village on an established mixed-use corridor with many restaurants, artisan shops, amenities and transit in a desirable residential community. Recently approved by CoA to increase the GFA by 41% to 7927 sq ft. and commended for the efforts to preserve the existing building while bringing valuable new rentals to the city. Permit application in process to construct a 4th storey, 6 additional hotel-style suites, 1 penthouse loft, a rooftop garden & 3rd 2-storey ground floor commercial space along Brock Ave. The subject property currently has 3 stories comprising 2 leased commercial retail storefronts, 4 unfinished one-bedroom apartments and 1 renovated studio apartment leased through short-term rental. **** EXTRAS **** Opportunity to apply for even more density above recent 7927 sqft CoA approval. Many high density projects in development in the area for 7 and 8 storey buildings. VTB mortgage would be considered. (id:27476)

Property Highlights

Type
Residential Commercial Mix
Cooling type
Partially air conditioned
Heating fuel
Fireplace
No
Construction material
Parking space
2
Ownership Type
Amenities nearby
Highway, Public Transit

Location

Summary

1613-15 DUNDAS ST. W & 269 BROCK AVE. presents a unique opportunity to invest in a prime piece of real estate. Situated at the bustling intersection of Dundas Street W and Brock Ave, this property is located in the vibrant Brockton Village. The area is known for its diverse mix of restaurants, artisan shops, and convenient access to public transit, making it an attractive location for both residents and businesses.

Recently approved by the CoA, the property is set to undergo a significant expansion, with plans to increase the GFA by 41% to 7927 sq ft. The proposed development includes the addition of a 4th storey, 6 hotel-style suites, a penthouse loft, a rooftop garden, and a 2-storey ground floor commercial space along Brock Ave. The existing building will be preserved, while new rental units will be added, contributing to the city's housing market.

Currently, the property consists of 3 stories, housing 2 leased commercial retail storefronts, 4 unfinished one-bedroom apartments, and 1 renovated studio apartment leased through short-term rental. There is also potential to apply for further density above the recently approved GFA, in line with the area's trend towards high-density developments.

For those interested in the property, there is the option to apply for a VTB mortgage. The land size is 27.16 x 106.69 FT, with a lot depth of 105.90 at the East Property Line. The property features a total of 7 bathrooms and is classified as a Residential Commercial Mix. It is located at 1613 DUNDAS ST W in the city of Toronto, Ontario, with the postal code M6K1T6, situated in the community of Little Portugal.

Overall, 1613-15 DUNDAS ST. W & 269 BROCK AVE. offers a promising investment opportunity in a sought-after location, with potential for further development and growth.

Street Spotlight - For sale