High performing asset. Rare industrial ownership. Immediate income. Exceptional opportunity to acquire a nearly 1,400 SF I1-zoned industrial unit in the iconic i-Zone Condos, one of the city's most tightly held creative industrial buildings with rapidly shrinking inventory. Currently leased to AAA tenants generating $4,000/month, offering strong in place income with flexibility for end user occupancy. A true hybrid investment with cash flow today and long term appreciation upside driven by intensification and infrastructure growth. This upgraded unit outperforms typical offerings-featuring 17-ft ceilings, commercial grade mezzanine (no added maintenance fees), real brick feature walls, durable polished concrete flooring, full kitchen with new appliances and two washrooms (1 with a shower). Outfitted wiht washer/dryer vents/plugs. Turnkey, functional and built to attract premium tenants in media, production, design and boutique commercial uses. Double door access plus shared truck level loading docks provide efficient logistics, ideal for businesses requiring seamless movement of equipment or inventory. Professionally managed building with secure entry, surveillance and access to shared meeting space and rooftop deck. Strategically located in South Riverdale/Leslieville, one of Toronto's fastest evolving creative corridors. Steps to major amenities, transit and minutes to the DVP, Gardiner and Lakeshore. Future LRT expansion and continued density growth position this asset for accelerated value appreciation. Comparable units have traded quickly so opportunities like this are limited. Secure a cash flowing industrial asset in a high demand node before pricing catches up to demand.
Address
159 - 1159 Dundas Street E
List Price
$699,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto E01
Sub-Area
South Riverdale
Region
Toronto
Bedrooms (Total)
1
Bathrooms
2
Lot Type
Unit
Lot Size Units
Feet
Parcel Number
124420045
Total Building Area
1385
Occupant Type
Tenant
Cross Street
Dundas St E/Carlaw Avenue
MLS® Number
E13028194
Listing Brokerage
COLDWELL BANKER REAL ESTATE PROFESSIONALS
Postal Code
M4M 1R9
Posession Details
30/60
Tax Amount
$10,192.70
Tax Year
2025
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
Underground
Kitchens Total
1
Security Features
Yes
Water Source
Water System
Sewer
Sanitary+Storm