$699,000
Available - For Sale
Listing ID: E13028194
1159 Dundas Street East , Toronto, M4M 1R9, Toronto
| High performing asset. Rare industrial ownership. Immediate income. Exceptional opportunity to acquire a nearly 1,400 SF I1-zoned industrial unit in the iconic i-Zone Condos, one of the city's most tightly held creative industrial buildings with rapidly shrinking inventory. Currently leased to AAA tenants generating $4,000/month, offering strong in place income with flexibility for end user occupancy. A true hybrid investment with cash flow today and long term appreciation upside driven by intensification and infrastructure growth. This upgraded unit outperforms typical offerings-featuring 17-ft ceilings, commercial grade mezzanine (no added maintenance fees), real brick feature walls, durable polished concrete flooring, full kitchen with new appliances and two washrooms (1 with a shower). Outfitted wiht washer/dryer vents/plugs. Turnkey, functional and built to attract premium tenants in media, production, design and boutique commercial uses. Double door access plus shared truck level loading docks provide efficient logistics, ideal for businesses requiring seamless movement of equipment or inventory. Professionally managed building with secure entry, surveillance and access to shared meeting space and rooftop deck. Strategically located in South Riverdale/Leslieville, one of Toronto's fastest evolving creative corridors. Steps to major amenities, transit and minutes to the DVP, Gardiner and Lakeshore. Future LRT expansion and continued density growth position this asset for accelerated value appreciation. Comparable units have traded quickly so opportunities like this are limited. Secure a cash flowing industrial asset in a high demand node before pricing catches up to demand. |
| Price | $699,000 |
| Taxes: | $10192.70 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $764 |
| Occupancy: | Tenant |
| Address: | 1159 Dundas Street East , Toronto, M4M 1R9, Toronto |
| Postal Code: | M4M 1R9 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Dundas St E/Carlaw Avenue |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | F |
| Total Area: | 1385.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | Yes |
| Washrooms: | 2 |
| Rail: | N |
| Clear Height Feet: | 17 |
| Truck Level Shipping Doors #: | 2 |
| Double Man Shipping Doors #: | 1 |
| Drive-In Level Shipping Doors #: | 0 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
| Water: | Water Sys |
| Water Supply Types: | Water System |
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| COLDWELL BANKER REAL ESTATE PROFESSIONALS |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto E01 |
| Neighbourhood: | South Riverdale |
| Tax: | $10,192.7 |
| Baths: | 2 |
| Fireplace: | N |
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