Dupont St 161Toronto, on Commercial/Residential Value-Add Asset
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FOR SALE DUPONT ST 161TORONTO, ON COMMERCIAL/RESIDENTIAL VALUE-ADD ASSET DAVENPORT ROAD ST GEORGE STREETSTREET GEORGE GEORGE ST ST DUPONT STREET INVESTMENT HIGHLIGHTS DESIRABLE LOCATION 161 Dupont Street is situated within the Annex and in close proximity to some of Toronto’s most distinctive neighborhoods; Summerhill, Yorkville & Rosedale. The Site benefits from this location by having access to each neighbourhoods’ well known amenities, restaurants, shopping and transit all within walking distance. ACCESSIBILITY & TRANSIT The Property is accessible by various forms of transportation, including TTC Subway & Bus and benefits from strong walk and bike scores. Situated 300 metres east of Dupont Subway Station, making the downtown core accessible by a 13 minute subway ride to Union Station and a 5 minute ride to Bloor Street and the Bloor-Danforth Line. THE OPPORTUNITY 161 Dupont Street offers investors or owner-occupiers the opportunity to acquire a strategically located, high visibility mixed-use property in the heart of the Annex. Current construction offers 3 contiguous floors of retail space and two outdoor patios. Purchasers are also offered the ability to retain exceptional retail space at grade and convert the upper floors into a residential apartment. SITE DETAILS - 161 DUPONT STREET DAVENPORT ROAD SITE AREA 1,765 square feet / 0.04 acres PIN 212160185 BUILDING SIZE 2,815 square feet (above grade) BUILDING FORM 3-storey semi-detached + basement FRONTAGE 17.60 feet on Dupont Street DEPTH 100.15 feet OFFICIAL PLAN Mixed Use Areas ZONING Commercial Residential – CR 2.0 (c2.0; r1.5) SS2 – (x2357) OCCUPANCY Vacant REALTY TAXES $21,822.29 (2020) INSURANCE $3,080 (2020) WATER & WASTE $272.98 REPAIRS & MAINTENANCE $1,284 (2020) DUPONT STREET ASKING PRICE: $2,175,000 2 161 Dupont Street, Toronto 161 Dupont Street, Toronto 3 IMAGE GALLERY 4 161115 DupontDupont Street,Street, TorontoToronto 161 Dupont Street, Toronto 5 FLOOR SITE PLANS SURVEY MAIN FLOOR C/H 11'5" 27'-6" SKYLIGHT 14'-10" SECOND FLOOR A/C BASEMENT FLOOR EXIT OUTDOOR DOWN PATIO DOWN EMERGENCY 8'-0" UP 9'-1" THIRD FLOOR 4" UP WH C/H 7'11" 7'-9" EXIT STAIRS 12'-4" EMERGENCY 8'-10" E/P OUTDOOR PATIO " 2 1 16'-5" SUBPUMP C/H 5'6" 17'-9 11" UP DOWN BOILER 15'-2" TENANT ADJACENT TENANT TENANT C/H 8'5" ADJACENT TENANT 6'-8" 33'-3" ADJACENT ADJACENT C/H 4'0" DROPPED FURNACE UP 10'-11" ROOF METER ELECTRIC DOWN 47'-0" OUTER ANGLED SWITCHES/ GAS 1 E/P 10'-10 2" 29'-7" 20'-7" C/H 8'1" C/H 8'4" 14'-11" 1 10'-11 2" C/H 5'6" GAS UP BASEMENT 2ND FLOOR 3RD FLOOR GLA GLA 381 SQ. FT. GLA 824 SQ. FT. UP C/H 10'3" 834 SQ. FT. FRONT ENTRANCE MAIN FLOOR GLA 1600 SQ. FT. PROJECT: DRAWN BY: CHECKED BY: 116 Dupont St., Toronto TL KO ANSI/BOMA Z65.5-2010, DATE SITE DATE DRAWN: MEASURED: RETAIL BUILDINGS STANDARD OF MEASUREMENT 6 161 Dupont Street, Toronto February 22 2021 February 23 2021 161 Dupont Street, Toronto 7 COMPANY: PROJECT #: SCALE: NTS MEASURE MASTERS ONTARIO CORP., 416-896-7526 FLOOR: all UNIT #: 1 The Annex is comprised of mainly residential streets that are LOCATION lined with tall trees and large Victorian and Edwardian houses, most of them built between 1880 and the early 1900s. The area ROSEDALE OVERVIEW is surrounded with landscaped green spaces and parks. There 1 are over 500 buildings in the Annex that are protected by the Toronto Historical Board, adding to the neighbourhood old time character. Yorkville is one of Canada’s most exclusive shopping districts, anchored by the Mink Mile along Bloor Street which YONGE STREET is home to local and global high-end retail, including art galleries, fashion boutiques and houseware, as well as bars, SUMMERHILL cafes and eateries throughout the neighbourhood. Summerhill is known for its older neighbourhoods filled with large single family homes, boutique retail stores and restaurants along Yonge Street and is home to the LCBO’s flagship store with 44 foot high ceiling, tasting rooms, and beer on tap. The area is also posed with many popular restaurants, such as Terroni Price Street, known for its Transit Score large roof top patio overlooking Yonge Street. 90 Walk Score ROSEDALE STATION 91 SUBJECT 2 Bike Score SITE 97 DAVENPORT Trade Area Population - 1.5km ST. GEORGE ROAD 62,444 STATION 3 YORKVILLE Total Household - 3km 137,329 DUPONT STREET Trade Area Income - 1.5km 10 $192,023 AVENUE ROAD THE 4 BATHURST STREET ANNEX 5 Area Amenities 1. Terroni Summerhill 6 2. Playa Cabana SPADINA ROAD 3. Sotto Sotto 4. Equinox Yorkville 5. Yorkville Village 6. Whole Foods Martket 7. Mortons Steak House 8. Royal Canadian Yacht Club 7 9. Royal Ontario Museum 8 10. Four Seasons Hotel 9 BLOOR STREET WEST Subway Stops ST. GEORGE STATION Subway Line 1 SPADINA MUSEUM Yonge/University STATION STATION Subway Line 2 Bloor/Danforth 8 161 Dupont Street, Toronto 161 Dupont Street, Toronto 9 AVENUE ROAD SPADINA ROAD DUPONT SUBWAY STATION DAVENPORT ROAD SUBJECT SITE DUPONT STREET 10 161 Dupont Street, Toronto 161 Dupont Street, Toronto 11 ST GEORGE STREET DUPONT STREET DAVENPORT ROAD OFFERING PROCESS Cushman & Wakefield ULC has been retained as exclusive Advisor (“Advisor”) to seek proposals for the disposition of 161 Dupont Street, Toronto, Ontario. The Property is offered for sale on a priced basis of $2,175,000. Offers will be considered upon receipt unless otherwise advised by Cushman & Wakefield. The Vendor’s objective is to maximize upfront cash sale proceeds and preference will be given to offers with limited (or no) conditionality and a timely closing. Interested Purchasers will be required to execute and submit the Vendor’s form of Confidentiality Agreement (“CA”) prior to receiving the information on the Offering. All inquiries regarding the Property or requests for further information should be directed to the Advisor as exclusive agents for the Vendor. JOEL GOULDING* Cushman & Wakefield ULC, Brokerage Senior Associate 161 Bay Street, Suite 1500 Investment Sales P.O. Box 602 | Toronto, ON M5J 2S1 416 359 2385 Tel: 416 862 0611 [email protected] Fax: 416 359 2613 REILLY HAYHURST* JEFF LEVER* cushmanwakefield.com Analyst Vice President Land & Investment Sales Land & Investment Sales 416 359 2429 416 359 2492 [email protected] [email protected] ©2021 Cushman & Wakefield ULC, Brokerage. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE. **Broker *Sales Representative.