1613 DUNDAS STREET W

Toronto (Little Portugal)

,

Ontario

M6K1T6
$3,899,900
7 baths
Retail

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:6355)

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