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159 - 1159 Dundas Street

159 - 1159 Dundas Street

Toronto E01, ON

  • 1 bed
  • 2 bath
  • 1,385 sqft
  • Commercial Retail
  • 136 days on market
$699,000

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.

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Listing Details

Taxes (2025)
$10,193
Listed
April 21, 2026

Price History

Parking

Garage
Underground

Utilities

Water
Water System
Sewer
Sanitary+Storm
Heat Source
Gas

Location & Legal

Cross Street
Dundas St E/Carlaw Avenue
Zoning
Industrial/Commercial
Parcel Number
124420045
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
All ELF's, fridge, stove, dishwasher, exhaust hood, custom reception desk

Property Insights

move in ready

AI-generated from listing photos. Not professional advice.

Community

Postal area M4M

Population
25,052
Private dwellings
12,249
Median age
38.8
Average household size
2.2
Median household income
$99,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto E01 · last 12 months

Median sold price
$1,180,000
Homes sold
689
Median days on market
9
Sale-to-list price
106.2%

Based on 689 recorded sales of commercial properties in Toronto E01 over the last 12 months.

Listed by

COLDWELL BANKER REAL ESTATE PROFESSIONALS

Walk Score

98

Walk

90

Transit

87

Bike

Scores by Walk Score®

Commercial figures

Building area
1,385 sq ft
Price per sq ft
$504.69
Annual property tax
$10,193
Tax per sq ft
$7.36

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Currently leased to AAA tenants generating $4,000/month, offering strong in place income with flexibility for end user occupancy.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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