465 DUNDAS STREET W

An exceptional investment opportunity, this fully occupied triplex features three distinct two-bedroom, one-bathroom suites. The two front ground-floor units benefit from exclusive basement access for extra storage, and each apartment is individually metered for complete utility independence, with tenants paying their own gas, hydro, and water. Every unit includes its own dedicated heating and hot water system, highlighted by a new gas furnace installed in Unit B in 2022 and well-maintained windows throughout. Situated on a surprisingly expansive lot with a large backyard, the property currently operates under grandfathered residential use but carries a flexible C3 commercial zoning - offering incredible long-term potential for future business conversion or strategic redevelopment. The monthly rents are as follows; in addition they pay their own heat, hydro, water etc. Unit: 465A - $784.50, Unit: 465B - $830.00, Unit: 466C - $758.50. There are no leases in place. They are all long-term, reliable tenants. (id:67197)

Price

$400,000

Property Type

Multi-family

Transaction Type

For sale

Parking

6

MLS® Number

X13746928

Interior Size

2244 sqft

Building Type

Multi-Family

Cooling

None

Fireplace

No

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

2244 sqft

Water

Municipal water

Size Total

0.28 ac

Size Frontage

55 ft ,8 in

Size Depth

268 ft ,4 in

Acreage

No

Sewer

Septic System

• Irregular lot size