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Investment signal

$6,185,000

2480 DUNDAS STREET W

Beds

Baths

Sqft

Year

About this home

Live Where the City Meets the Park - Urban Loft Investment Opportunity in High Park North. Step into timeless charm and urban convenience at 2480 Dundas Street West, a beautifully situated 14 hard loft-style studios in one of Toronto's most coveted west-end neighborhoods. Each unit features exposed brick, 12-foot ceilings, triple-glazed windows, wood flooring, and most include in-suite laundry, separate hydro meters, and hot water tanks. Located just steps from the lush trails of High Park and moments from the vibrant energy of Bloor West Village, this property offers the perfect blend of nature, transit, and community. Steps to GO Transit, UP Express, Dundas West Subway, and High Park, this property offers unbeatable walkability and connectivity. With excellent upside potential for condo conversion or future development, this is a rare opportunity for investors and developers alike. Lifestyle Perks: - Morning jogs in High Park, weekend brunch at local cafes, and a 10-minute subway ride to downtown. - Walk Score of 92 and Transit Score of 95, ditch the car and embrace the city. - A tight-knit, welcoming community with year-round events and green spaces. Why This Home? Whether you're a young family seeking great schools and parks, a professional craving a peaceful retreat with city access, or a downsizer looking for charm and walkability, this home delivers. (id:65958)

Subtype
Multi-family
MLS#
W12741984
Area
TORONTO_(HIGH_PARK_NORTH)
Negative cash flow ~$11,623/mo at these assumptions

Cash on cash

-11.28%

Cap rate

3.63%

GRM

16.7

Break-even rent

$43,160

Financing

Down payment$1,237,000
Loan amount$4,948,000
Mortgage$30,356/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,835
Insurance$80
Maintenance$5,154
CapEx reserve$2,577
Vacancy loss$1,546

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $30,356/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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