1051 Victoria Pk Ave

Immediate 5.5% Cap rate opportunity with upside! Welcome to 3044, 3046, and 3048 Dundas St W. This three-story mixed-use building sits on a prominent corner lot in the bustling Junction High-Park area. Main floor features two long-term commercial tenants, the popular Axis Bar and an art gallery. Upper two floors feature six residential units, each with their own laundry, hot water heater, furnace, and A/C. All tenants pay their own utilities. Residential units include three 2-bedrooms, two bachelors, and one 1-bedroom. Truly an exceptional opportunity for investors or future developers. Don't miss out on this gem in The Junction!

Take advantage of CMHC multifamily financing offering assumable 50 year amortized mortgage, estimated 81% loan-to-value and 3.8% rate. This brand new legal 8 unit project offers estimated gross rents of $259,200 per year. The property features eight separately self-contained units, all with private entrances, separate utilities, and in-unit laundry. Top-floor units consist of 2 bedrooms plus den, 2 bathrooms (1 ensuite) and walk-out balconies. Main-floor units offer 2 bedrooms, 2 bathrooms (1 ensuite) with large storage room and rear balcony. Lower floors consist of two 1-bedroom, 1-bathroom units. Rear lower units include private patios. All units feature custom kitchens, stainless steel appliances, high-efficiency HVAC systems and open-concept designs. Located a short distance from downtown Toronto, the property provides quick access to the Highway 400 series, restaurants, shopping and just a short walk to the Weston GO Station. Estimated financials available upon request. Anticipated March 2025 completion. **EXTRAS** Builder Warranty Included. Exterior Picture is Rendering. Interior Photos are of Similar Property.