Investment Commercial Building for Sale

MLS# H4161905 Price: $10,999,000




Property Description

39 RESIDENTIAL UNITS, PLUS 4 COMMERCIAL UNITS IN SOUGHT AFTER, DUNDAS! This property is situated at the corner of York Road and Watsons Lane, overlooking Lake Jojo, and offers over 35,000 square feet of residential and commercial space. The ground floor has been newly renovated into 17 studio apartments, a commercial kitchen, plus 3 commercial units. 63% of commercial space has been leased, long-term at market rent. The second floor offers 22 apartment units (20- 2 bedroom, 2-1 bedroom), leased below market rents and with lots of upside for the next owner. Attractive financing available through CMHC, as this property offers over 70% residential use. Two parking lots and over 50 parking stalls. Proforma available upon request.

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What's your Walk Score? 46 Car-Dependent

Property Details: 211 York Road (near Watsons Lane )
Listing# 63539


Location

Address 211 York Road
City Dundas
Cross Streets Watsons Lane
District Dundas (41)
Neighbourhood Coote's Paradise (411)
Listing Agent Olivia Rapson

Description

Sub Type Investment Price $ 10,999,000
Lease Rate Per For Sale Approx. Age 31-50 Years
Location Dundas Heating Gas Forced Air Closed
Heat Pump
Square Footage 34506

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.



Google Rating

5      84 reviews


Photo of Julie Koch

Julie Koch
  October 30, 2023

Kim did a fantastic job of helping me sell my home on a time crunch. She made sure to always keep me updated which really helped during my first time selling. I also highly recommend the team she used to stage my home. They were very professional and made my home look straight out of a magazine! All together, I am happy with my experience and would recommend the VanDinther team to my friends.

Photo of Nicole Di Rado

Nicole Di Rado
  October 24, 2023

We worked with Kim to buy our first home and to say it was a fantastic experience is an understatement! Kim is so helpful, knowledgeable and responsive. We felt so supported and reassured throughout the entire process. She truly goes above and beyond. We cannot recommend this team enough!!

Photo of Carolyn Hill

Carolyn Hill
  August 13, 2023

We had the pleasure of working with Lori and Kim in selling our current home and finding our new home. It was all done very quickly and easily with the help of this great team! Response time from them was always immediate. Negations through the entire process were handled extremely well and a lot of hard work was put in by both Lori and Kim. We would highly recommend them to all our friends and family. Thanks to both of you for a job well done! We are so happy!

Photo of Genevieve Turner

Genevieve Turner
  August 06, 2023

We had the pleasure of working with all three Morgan, Lori, and Kim as first time buyers. The team was always available to answer our questions and gave great advice. Thanks to them, we got our dream starter home after looking for only a few weeks. Would highly recommend the team to anyone looking to buy/sell in the area. Thank you Van Dinther team!!

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