For Sale · Retail

3038-3042 DUNDAS STREET W, Toronto (Junction Area)

3038-3042 DUNDAS STREET W, Toronto (Junction Area), ON M6P1Z3

$5.3M total

7,306 SF

Asset Class

Retail

Size

7,306 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$725

Occupancy

82%

About this property

JUNCTION TROPHY ASSET! 11-unit, 3-storey brick mixed-use building on 45 ft of prime Dundas St W frontage in the heart of The Junction. 3 street-level retail units (salon, chocolatier & café) each with basement space, plus 8 apartments (3 x 2-bed, 3 x 1-bed, 2 studios). Approx. $321,900 gross rents and approx. $241,000 NOI (pro forma). Fully separately metered hydro; tenants pay their own. Upside on turnover with several suites below market. 7,306 sq ft GFA on a 45 x 105 ft lot zoned CR 2.5: built to approx. 1.56 FSI vs 2.5 permitted. Rear lane access & on-site parking. Hold, add value or plan ahead. Steps to cafés, breweries & boutiques, TTC 40 at your door, minutes to the Stockyards, High Park & Line 2. Next-door corner sold at $538/sq ft. Receivership sale. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$5.30M
Down payment30% · $1.59M
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$24K

Projected NOI

$224K

Annual cash flow

$-69K

Cash-on-cash

-4.36%

DSCR

0.76

Going-in cap

4.23%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP2,973 SF2033-06
Cascade Foods Inc.1,508 SF2033-06
Cascade Foods Inc.1,532 SF2032-06

Area demographics

Trade area within 3 miles of the property.

Population

75,322

Households

35,120

Median income

$102,500

Median age

45

Daytime population

101,930

5-yr growth

6.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 3038-3042 DUNDAS STREET W, Toronto (Junction Area).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.