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2963-2965 Dundas St W 5 Unit Apartment Building $2,988,000 CAD ($597,600 CAD/Unit) Toronto, ON M6P 1Z2
Investment Highlights
- Steps to 24-hour transit, Bloor Subway, UP Express, and vibrant neighborhood shops, restaurants, and services.
- Currently configured as 5 large, modern apartments with strong rental appeal.
Executive Summary
Located in the heart of Toronto’s highly desirable Junction neighborhood, 2963 Dundas Street West presents an exceptional investment and redevelopment opportunity. This three-story building, currently configured as five generously sized and meticulously updated apartments, offers nearly 6,000 square feet of dynamic space. With up to 14 bedrooms across units and private terraces, the property provides strong income potential, with estimates of achieving an attractive cap rate above 6% for investors.
For users, the flexibility of this location is unmatched—the main floor, comprising approximately 2,241 square feet and featuring soaring 14-foot ceilings, may be converted into an ideal commercial venue suitable for retail, hospitality, or services. Above, three levels of large, bright residential apartments supply an excellent source of auxiliary income or additional live-work options.
The property benefits from direct access to a Green P surface lot at the rear, enhanced by electric vehicle charging and Bikeshare stations. Residents and businesses alike will appreciate the outstanding connectivity: 24-hour transit service at the doorstep, proximity to the Bloor Subway, UP Express, and walking distance to Stockyards and Junction’s vibrant retail and dining destinations.
For users, the flexibility of this location is unmatched—the main floor, comprising approximately 2,241 square feet and featuring soaring 14-foot ceilings, may be converted into an ideal commercial venue suitable for retail, hospitality, or services. Above, three levels of large, bright residential apartments supply an excellent source of auxiliary income or additional live-work options.
The property benefits from direct access to a Green P surface lot at the rear, enhanced by electric vehicle charging and Bikeshare stations. Residents and businesses alike will appreciate the outstanding connectivity: 24-hour transit service at the doorstep, proximity to the Bloor Subway, UP Express, and walking distance to Stockyards and Junction’s vibrant retail and dining destinations.
Property Facts
| Price | $2,988,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $597,600 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 5 | Building Size | 6,660 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1890 |
| Zoning | CR - Cr2-5 | ||
| Price | $2,988,000 CAD |
| Price Per Unit | $597,600 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,660 SF |
| No. Stories | 3 |
| Year Built | 1890 |
| Zoning | CR - Cr2-5 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Vaulted Ceiling
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
- Car Charging Station
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 5 | - | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Very bikeable
80/100
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2963-2965 Dundas St W
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