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MLS® C13028906
Little Portugal, Toronto, ON
Prominent renovated corner building offering approximately 5936 total sq. ft., with 2488 sq. ft. of commercial space on main, 1885 sq. ft in basement and 1563 sq. ft. of residential space above. This is a strong, hands-off investment opportunity with the potential to rent to two tenants generating over $130,000 annually. The property has been renovated with updated mechanical systems, separately metered, providing peace of mind for long-term ownership. Features a stable, long-term commercial lease in place since 2014, with approximately 8 years remaining on the lease and potential for escalating as of Aug 2027. Tenant pays $7,716 per month, totaling $92,592 annually. The second floor offers vacant possession of a luxurious 3-bedroom, 2-bath apartment, ideal for an owner-occupier or to achieve full market rent and maximize returns. Potential to explore future expansion or redevelopment.
Inclusions
Stainless Steel Stove, S/S Refrigerator, S/S Dishwasher, S/S Hood Fan. Washer and Dryer. All Electrical Light Fixtures, Furnace, Air conditioner and HWT.
Exclusions
Tenant's Fixtures and Belonging's
Broker
ROYAL LEPAGE SUPREME REALTY
Neighbourhood
Little Portugal
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Store W Apt/Office
1612 Dundas Street W Toronto
Little Portugal
Type
Store W Apt/Office
Parking
None
Property Tax
~$24,024/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
4051 sqft
Parking
None
Finances
List Price
$2,499,900
Price per SQFT
$617/sqft
Property Tax
~$24,024/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
4051 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Little Portugal
Listed On
Apr 22, 2026
Days on Market
Current: 198 days
Room information is not available for this listing.
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