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5308 Dundas St W 4,650 SF 100% Leased Retail Building Toronto, ON M9B 1B3 $18,000,000 CAD ($3,870.97 CAD/SF) 1.22% Cap Rate



Executive Summary
Introducing a premier redevelopment opportunity at 5308 & 5310 Dundas Street West, being offered and sold together, in Toronto’s rapidly growing Islington-City Centre West district. This exceptional 17,900+ sq. ft. EC2-zoned land assembly offers prominent frontage along Dundas Street West, a 100 Walk Score, and immediate access to TTC and subway transit.
The properties are currently fully tenanted, generating reliable holding income while providing outstanding redevelopment potential. The flexible EC2 zoning permits a wide range of uses including high-rise residential, mixed-use developments, senior living, office space, restaurants, fitness facilities, and community or institutional uses.
Positioned within a well-established Etobicoke commercial hub, the site benefits from strong surrounding amenities including retail, dining, schools, and parks, along with convenient highway connectivity. With excellent street exposure, consistent pedestrian and vehicular traffic, and strong long-term growth prospects, this offering represents a rare investment and development opportunity in one of Toronto’s most desirable urban corridors.
The properties are currently fully tenanted, generating reliable holding income while providing outstanding redevelopment potential. The flexible EC2 zoning permits a wide range of uses including high-rise residential, mixed-use developments, senior living, office space, restaurants, fitness facilities, and community or institutional uses.
Positioned within a well-established Etobicoke commercial hub, the site benefits from strong surrounding amenities including retail, dining, schools, and parks, along with convenient highway connectivity. With excellent street exposure, consistent pedestrian and vehicular traffic, and strong long-term growth prospects, this offering represents a rare investment and development opportunity in one of Toronto’s most desirable urban corridors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,650 SF
Building Class
C
Year Built
1970
Price
$18,000,000 CAD
Price Per SF
$3,870.97 CAD
Cap Rate
1.22%
NOI
$219,600 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.60
Lot Size
0.18 AC
Zoning
CR
Parking
10 Spaces (2.15 Spaces per 1,000 SF Leased)
Frontage
39’ on Dundas St
Amenities
- Signage
Walk Score®
Very Walkable (89)
Transit Score®
Rider's Paradise (96)
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
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Photos
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Map
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5308 Dundas St W
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