Description

1613-15 DUNDAS ST. W & 269 BROCK AVE. is an interesting opportunity to own a handsome and lucrative piece of real estate. Located on the southeast central corner of Dundas Street W and Brock Ave. A bustling location in Brockton Village on an established mixed-use corridor with many restaurants, artisan shops, amenities and transit in a desirable residential community. Recently approved by CoA to increase the GFA by 41% to 7927 sq ft. and commended for the efforts to preserve the existing building while bringing valuable new rentals to the city. Permit application in process to construct a 4th storey, 6 additional hotel-style suites, 1 penthouse loft, a rooftop garden & 3rd 2-storey ground floor commercial space along Brock Ave. The subject property currently has 3 stories comprising 2 leased commercial retail storefronts, 4 unfinished one-bedroom apartments and 1 renovated studio apartment leased through short-term rental.

Highlights

Opportunity to apply for even more density above recent 7927 sqft CoA approval. Many high density projects in development in the area for 7 and 8 storey buildings. VTB mortgage would be considered.