899 Dundas West, Toronto - Investment/User Opportunity - Mixed Use Commercial/ Residen al Property - Don Mulholland
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Investment/User Opportunity 899 Dundas Street West BUILDING DETAILS PROPERTY HIGHLIGHTS Building Size : 3,091 sq. . (including finished Truly unique Modernist commercial/Residen al Building de- basement) signed by Kohn Shnier Architects built 2008. Year built: 2008 Steel frame construc on creates abundant open spaces and design features not seen in a building of this scale. Lot Size: 22.00’ x 53.50’ Main Floor & Bsmt: Leased as flagship store to prominent inter- na onal retailer. Realty Taxes (2018): $11,004.20 2nd & 3rd Floor: stunning owner occupied suite filled with natu- ral light, open concept w/ 2 decks. Zoning: CR2.5 C1.0, R2.0 SS2 X1579 Corner loca on on Dundas Street West in the Trinity/Bellwoods neighbourhood between Claremont and Manning. Legal Descrip on: PLAN 75 BLOCK B PART LOT 14 Recent Phase 1 & 2 environmental, building inspec on and ap- 66RP22969 PARTS 1 AND 3 praisal reports available upon signed confiden ality agreement. Asking Price: $2,995,000.00
Investment/User Opportunity 899 Dundas Street West BUILDING OCCUPANCY The Main floor is leased as a flagship store to a prominent interna onal retailer with term extending un l February 2021. The tenant pays the commercial realty taxes for the building and 30% of the gas expense. The second and third floor has been occupied by the building’s creators for the past 10 years. The space is modern, open and airy and is ideal in it’s present configura on as a residen al unit or would easily suit an Airbnb rental, an office or crea ve use. PROPERTY SUMMARY The building was designed by Kohn Shnier Architects in 2008 as a live/work space for the current owners. The property has been featured in many design ar cles and is unique in Toronto for it’s impeccable modernist detailing, quality of construc on and design quali es which though ully integrate urban living func ons under one roof. The sturdiness a ained by the steel frame construc on is apparent as you walk through the building and allows for rare design features in buildings of this scope such as the frameless window corner angles and clear spans. AREA SUMMARY 899 Dundas W is located in the Trinity/Bellwoods neighbourhood named a er the park which is located 3 blocks west of the property. The area has experienced an incredible transforma on in recent areas with the construc on of mid-rise condo’s n the immediate vicinity and many new restuarants, bars and retail along Dundas W. Kennsington Market, West Queen West and Ossington are all within easy walking distance making this one of the most sought a er neighbourhoods in the city.
Investment/User Opportunity 899 Dundas Street West Don Mulholland, CCIM Bosley Real Estate Ltd., Brokerage Sales Representa ve 1108 Queen St. West Vice-President - Commercial Division Toronto ON M5S 2K3 Direct: 416-569-2785 Office: 416-530-1100 The informa on provided is from sources deemed to be reliable, however, no warranty or representa on, expressed or implied, is made as to the accuracy of the informa on contained herein, and is subject to errors,omissions, change of price, rental or other condi ons including withdrawal without no ce, and is subject to the terms of the exclusive lis ng agreement.
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