$495,000
Available - For Sale
Listing ID: E12734458
1159 Dundas Street East , Toronto, M4M 1R9, Toronto
| Compelling value opportunity to acquire approximately 1,000 sq.ft. of industrial artist studio space at an attractive entry point below market value in the iconic i-Zone Lofts at Dundas Street East and Carlaw Avenue. With 17-foot clear ceiling height, this unit offers the potential to add an approximately 385 sq.ft. mezzanine (buyer to verify), materially increasing usable area and improving long-term return on capital without expanding the footprint. The space features sealed concrete floors, double entrance doors, shared access to two truck-level loading docks, brand-new ductless air conditioning, and a roughed-in two-piece washroom. Freshly painted and move-in ready, the unit is well suited for artist studio, production, light industrial or distribution and similar permitted uses. An adjacent approximately 1,500 sq.ft. unit may be available for combination, creating a total area of roughly 2,500 sq.ft.-a rare assembly opportunity in a tightly held downtown industrial complex. Located minutes to the DVP, Gardiner, and Lakeshore and within walking distance to the future Gerrard Station on the Ontario Line, supporting long-term demand and value growth. Offered at a price point that is difficult to replicate for downtown industrial space, this asset presents strong fundamentals, flexible use, expansion potential, limited replacement supply and transit-driven appreciation. |
| Price | $495,000 |
| Taxes: | $9960.91 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $745 |
| Occupancy: | Vacant |
| Address: | 1159 Dundas Street East , Toronto, M4M 1R9, Toronto |
| Postal Code: | M4M 1R9 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Dundas St E/Carlaw Avenue |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Industrial Condo |
| Building Percentage: | F |
| Total Area: | 969.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | Yes |
| Washrooms: | 1 |
| Rail: | N |
| Clear Height Feet: | 17 |
| Truck Level Shipping Doors #: | 2 |
| Double Man Shipping Doors #: | 1 |
| Drive-In Level Shipping Doors #: | 0 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
| Water: | Water Sys |
| Water Supply Types: | Water System |
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| COLDWELL BANKER REAL ESTATE PROFESSIONALS |
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Sachi Patel
Broker
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647-702-7117
Bus:
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At a Glance:
| Type: | Com - Industrial |
| Area: | Toronto |
| Municipality: | Toronto E01 |
| Neighbourhood: | South Riverdale |
| Tax: | $9,960.91 |
| Baths: | 1 |
| Fireplace: | N |
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