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Apartment Building For Sale at Dawes in Toronto , Ontario

4 Sale ID #495006
Archived 18 Nov 2025

Asking Price

$1,479,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Grand Century vacant three unit residence with dream garage & endless possibilities! Welcome to this one-of-a-kind, character-rich Century Home nestled on a prime corner lot, framed by timeless classic iron fencing. This legal three family residence is a rare gem, boasting two custom additions and a jaw-dropping 700 sq ft, 4-car garage/studio - fully equipped with its own heat and hydro. Whether you're dreaming of a creative studio, workshop, or future laneway suite, this space is ready to inspire. Plus, enjoy four additional parking spots! Inside, the owner's suite is a showstopper: a sprawling 3+1 bedroom residence spanning approximately 1,700 sq ft. Soaring vaulted ceilings crown the dramatic primary retreat, which could easily be enclosed for added privacy. The open-concept living and dining area flows into a sunny eat-in kitchen, perfect for entertaining. With three full bathrooms, generous principal rooms, and a private deck, this suite is as functional as it is fabulous. The two additional units offer incredible income potential or multi-generational living: The 1-bedroom suite is bright and welcoming, featuring a king-sized bedroom and a renovated bathroom. The lower-level 1-bedroom suite impresses with great ceiling height, above-grade windows and an open-concept layout, creating a light-filled, comfortable space. All three units are legally recognized (not retrofit) and feature separate hydro meters and panels for ultimate flexibility. Whether you're an investor, a multi-gen family, or a creative entrepreneur looking for space to live, work, and earn - this property delivers. Fabulously situated with a Walkscore of 93, A Ridescore of 94 and Bikescore of 100. Walk to either Main subway station or the Danforth GO station! With laneway potential, versatile living spaces, and unmatched character, the opportunities here are truly endless. (id:39198)

  • MLS® : #E12521314
  • Date Listed : 07 Nov 2025

Location

Province

Ontario

City

Toronto

Address

Dawes

Postal Code

M4C5B4

Location Highlights

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Listed by

RE/MAX HALLMARK ESTATE GROUP REALTY LTD. Ontario listing

Category

apartment-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

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Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

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Financial Information

Yearly Rate

$1,479,000

Asking Price

$1,479,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

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Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

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