426-428 Dawes Road

O'Connor-Parkview, Toronto E03, ON M4B 2E8

$4,550,000

About This Property

Welcome to Prime Investment property. This versatile mixed-use property features four 2-bedroom units and two 1-bedroom units (6 Aprtments and 1 huge divisible retail unit with potential to expand) offering strong income potential. TTC bus stops right at the doorstep with direct access to the subway. Commercial and residential zoning allows for flexible use and future development opportunities. a wide-front retail space with zoning that allows for multiple uses ideal for medical offices, professional services, retail businesses, and more. Opportunity to expand the retail space into the north walkway of 428 Dawes (subject to zoning approval). Ten city-registered parking spots at the rear of the building, with capacity to accommodate up to 12 vehicles. The main-floor commercial unit, previously divided into two spaces, includes three 2-piece washrooms and is equipped with gas heating and air conditioning. A spacious 1,957 sq. ft. basement that is high, dry, and clean, featuring two washrooms. It was formerly divided and can be partitioned again if needed. Equipped with seven hot water tanks and nine separate hydro meters for convenience and efficiency. This is a rare chance to own a high-potential property in a sought-after location. ***VTB available for qualified Buyers****