Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#12843 +post_id: "293064" +post_author: 1 +"ListingKey": "X12096142" +"ListingId": "X12096142" +"PropertyType": "Commercial" +"PropertySubType": "Commercial Retail" +"StandardStatus": "Active" +"ModificationTimestamp": "2025-05-16T11:54:07Z" +"RFModificationTimestamp": "2025-05-16T11:59:25.437952+00:00" +"ListPrice": 724999.0 +"BathroomsTotalInteger": 1.0 +"BathroomsHalf": 0 +"BedroomsTotal": 0 +"LotSizeArea": 0 +"LivingArea": 0 +"BuildingAreaTotal": 1517.47 +"City": "London East" +"PostalCode": "N5W 3E6" +"UnparsedAddress": "1843 Dundas Street, London, On N5w 3e6" +"Coordinates": array:2 [ 0 => -81.1792729 1 => 43.0035002 ] +"Latitude": 43.0035002 +"Longitude": -81.1792729 +"YearBuilt": 0 +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "STREETCITY REALTY INC." +"OriginatingSystemName": "TRREB" +"PublicRemarks": "Versatile Mixed-Use Property 1843 Dundas Street, London, ON Zoned Residential & Commercial | Legal Duplex | $50K+ 2024 Income | Estate Sale Probate Completed Offered for the first time in over 50 years, 1843 Dundas Street is a rare and strategic opportunity for investors, business owners, or live/work buyers. Owned since 1972, this well-maintained property is now available as part of an estate sale, with probate fully completed, making for a smooth and ready transaction. Zoning Permits Multiple Uses: Automobile Repair Garages Automotive Retail & Services Restaurants or Food Services Taxi Establishments Property Highlights: Legal Duplex featuring three kitchens and three hydro meters New Roof (2025) Recently installed for long-term durability $35,000 Boiler System High-efficiency and recently upgraded Second-Floor Staircase Updated to Code (2021) Safe and compliant 2024 Income Over $50,000 Steady cash flow with further potential Long-Term, Friendly Tenants A respectful, cooperative tenant mix that helps care for the property and looks out for each other Ample Parking & Exposure Generous lot with excellent visibility on Dundas Street near Clarke Road Investment Potential: With a projected cap rate of 7% when fully maximized, this property combines strong financials with unmatched flexibility. Ideal for commercial use, residential rentals, or a hybrid live/work model. Opportunities like this held for decades and zoned for multiple high-demand uses are incredibly rare. Now is your chance to own a property with history, income, and future upside." +"BasementYN": true +"BuildingAreaUnits": "Square Feet" +"BusinessType": array:1 [ 0 => "Automotive Related" ] +"CityRegion": "East H" +"Cooling": "No" +"Country": "CA" +"CountyOrParish": "Middlesex" +"CreationDate": "2025-04-22T19:33:47.732898+00:00" +"CrossStreet": "Corner of Dundas St and Avondale Rd." +"Directions": "Corner of Dundas St and Avondale Rd." +"Exclusions": "Tenant Belongings" +"ExpirationDate": "2025-07-28" +"Inclusions": "Three Fridges , Three Stoves," +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "London and St. Thomas Association of REALTORS" +"ListingContractDate": "2025-04-22" +"LotSizeSource": "Geo Warehouse" +"MainOfficeKey": "288400" +"MajorChangeTimestamp": "2025-05-02T16:47:42Z" +"MlsStatus": "Price Change" +"OccupantType": "Partial" +"OriginalEntryTimestamp": "2025-04-22T16:30:34Z" +"OriginalListPrice": 749999.0 +"OriginatingSystemID": 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Description
Great Investment opportunity to own located at the heart of the “Queen West” neighborhood, one of Toronto’s most desirable and dynamic iconic areas, featuring national retail tenants like Starbucks, subway, Scotiabank, TD bank, Tim Hortons and etc. The neighborhood seamlessly blends historic charm with modern developments, making it a desirable location for both living and investment. 20 feet frontage on Queen St W with basement and parking in garage in the back of the building. Current tenant pizza shop has a flexible lease term could stay or leave by notice. Spending $300K+ upgrades the building: New service for sprinkle system (2025), New Garage door(2025), New painting wall upstairs (2025), the electrical panels service 400Amps, New roof replaced( 2020), Installed new AC & Furnaces equipment (2019), Repiped Gas lines and gas blocks (2019).
Details
MLS® Number
C12038874
C12038874
Property Size
4000 Sqft
4000 Sqft
Additional details
- Utilities: Yes
- Cooling: Yes
- County: Toronto
- Property Type: Commercial Sale
Address
- Address 230 Queen W Street
- City Toronto
- State/county ON
- Zip/Postal Code M5V 1Z6