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2480 Dundas St W 14 Unit Apartment Building $6,985,000 CAD ($498,929 CAD/Unit) 5.47% Cap Rate Toronto, ON M6P 1W9

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INVESTMENT HIGHLIGHTS

  • Walkable to Bloor GO Station, UP Express, Dundas West Subway, groceries, pharmacy, recreation center, parks, Lake Ontario, & to West Toronto Railpath.
  • Recently updated with exposed brick, 12-foot ceilings, large new triple glazed windows, and wood flooring.
  • Bright, modern loft studio in a prime location with abundant natural light throughout.
  • Most units have a separate hydro meter and hot water tanks, and most include in-suite laundry.
  • Unique property features 14 updated hard loft studios plus other income streams.
  • Excellent upside potential and opportunities for future development or condo conversion.

EXECUTIVE SUMMARY

Live Where the City Meets the Park - Urban Loft Investment Opportunity in High Park North.
Step into timeless charm and urban convenience at 2480 Dundas Street West, a beautifully situated 14 hard loft-style studios in one of Toronto’s most coveted west-end neighborhoods. Each unit features exposed brick, 12-foot ceilings, triple-glazed windows, wood flooring, and most include in-suite laundry, separate hydro meters, and hot water tanks. Nestled just steps from the lush trails of High Park and moments from the vibrant energy of Bloor West Village, this property offers the perfect blend of nature, transit, and community. Steps to GO Transit, UP Express, Dundas West Subway, and High Park, this property offers unbeatable walkability and connectivity. With excellent upside potential for condo conversion or future development, this is a rare opportunity for investors and developers alike.
Lifestyle Perks:
- Morning jogs in High Park, weekend brunch at local cafés, and a 10-minute subway ride to downtown.
- Walk Score of 92 and Transit Score of 95—ditch the car and embrace the city.
- A tight-knit, welcoming community with year-round events and green spaces.
Why This Home?
- Whether you're a young family seeking great schools and parks, a professional craving a peaceful retreat with city access, or a downsizer looking for charm and walkability, this home delivers.
All measurements are approximate. One of the directors is related to the registered real estate agent (R.R.E.A). Please include Schedule B and the required disclosure with all offers. A Clean Phase 1 Environmental Report is available. Showings require a minimum of 48 hours' notice and will take place on scheduled dates. A list of units to be viewed will be provided at the showing, and the listing agent or a representative will be present for all showings.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $448,175 $37.55
Other Income $13,200 $1.11
Vacancy Loss $6,921 $0.58
Effective Gross Income $454,454 $38.07
Taxes $17,356 $1.45
Operating Expenses $54,871 $4.60
Total Expenses $72,227 $6.05
Net Operating Income $382,227 $32.02

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $448,175
Annual Per SF $37.55
Other Income (CAD)
Annual $13,200
Annual Per SF $1.11
Vacancy Loss (CAD)
Annual $6,921
Annual Per SF $0.58
Effective Gross Income (CAD)
Annual $454,454
Annual Per SF $38.07
Taxes (CAD)
Annual $17,356
Annual Per SF $1.45
Operating Expenses (CAD)
Annual $54,871
Annual Per SF $4.60
Total Expenses (CAD)
Annual $72,227
Annual Per SF $6.05
Net Operating Income (CAD)
Annual $382,227
Annual Per SF $32.02

PROPERTY FACTS

Price $6,985,000 CAD
Price Per Unit $498,929 CAD
Sale Type Investment
Cap Rate 5.47%
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 11,937 SF
No. Stories 2
Year Built/Renovated 1918/2016
Zoning MCR - Industrial and Commercial (consisting of live/work studios)

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Tub/Shower
  • Deck
  • Freezer
  • Loft Layout
  • Patio

SITE AMENITIES

  • Security System
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 - -
1+1 3 - -
2+2 1 - -
4+2 1 - -
4+1 2 - -
5+2 1 - -
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (96)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37164807

  • Date on Market: 2025-08-07

  • Last Updated:

  • Address: 2480 Dundas St W, Toronto, ON M6P 1W9

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