2261 Dundas Street W Toronto, Ontario M6R 1X6

$3,500,000

Compelling opportunity to acquire a mixed-use commercial asset in one of Toronto's most dynamic and rapidly evolving west-endcorridors, ideally located near Dundas St W and Bloor St. The property benefits from excellent transit connectivity and long-termupside in an area experiencing ongoing intensification, redevelopment, and residential growth.Well suited for an owner-occupier,it allows a business to operate at street level while benefiting from two fully leased 2-bedroom resi apartments above, generating strong rental income. It could support an ideal live/work or income-assisted ownership scenario. For investors, the property offers diversified cash flow from both potential retail and existing residential tenancies, supported by high walkability, transit access. The income profile and location also support long-term appreciation and future exit potential, including resale to a developer.For developers, this represents a strategic acquisition opportunity within a growth corridor, with the potential to acquire Adjacent properties and enhance scale.The property is zoned MCR, possible business use could be Retail stores, Restaurants and QSR/take-out, personal grooming services, clinics and community health centres, offices, artist & photography studios,performing arts studios, software and technology uses, affiliated research and development facilities, bakeries, catering operations, pet-related services, private art galleries, printing or publishing uses, trade or commercial schools, animal hospitals, TTC streetcars at the doorstep, with close proximity to Dundas West Station, GO Transit, and the UP Express. Surrounded by the established neighbourhoods of Roncesvalles, Bloordale, and the Junction/High Park area, known for strong retail demandand pedestrian activity. An excellent opportunity to acquire a well-located urban asset offering immediate income and future growth potential. (id:60365)

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https://www.realtor.ca/real-estate/29316343/2261-dundas-street-w-toronto-roncesvalles-roncesvalles