146 Dupont St

Rarely Offered Freestanding Corner Property On Yonge St Consisting Of 3 Solid Commercial Tenants & 20 Apartments. Located In A Highly Coveted & Sought After Section Of Yonge St. Excellent Yonge St Exposure Close To All Amenities. Large Lot With Municipal Parking Directly Behind Property. Don't Miss This Opportunity.

Rare Opportunity To Own A Signature Asset In The Heart Of Downtown, Newly Renovated And Improved, Close To New Ontario Line Subway, Zoning Recently Changed To Allow Up To Approx 30 Storeys, 90 Meters Height, Price Reflects Air Rights For Future Build Up Potential. %80 Rented With $360K Gross Income.

EARN $786,000 / 101 ft corner property / 13,850 SF / 5 retail units / 11-room boutique Hotel operation. Amazing opportunity for cash flow investor (and hands on property manager and Landlord) The real estate earns stabilized NOI of $546,000 > growing to $583,000 in 5 years The Hotel operation earns NOI of $240,000 > has much upside in occupancy and cash flows. Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. Renovated top to bottom / new roof / new HVAC / renovated hotel rooms 6 onsite parking / parking along Lake Shore and Fourth St / Green-P Parking at Fifth St / Rear lane access. High traffic location / fronting 24 HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2869 Lake Shore Blvd W >> own most of the block