Colliers is pleased to be the exclusive representatives for the sale of 41 Dundonald Street located in Toronto, Ontario. The property is comprised of 101 suites - in bachelor, one-bedroom and two-bedroom configurations. Located in the Yonge & Wellesley neighbourhood, the property is surrounded by a plethora of retail amenities and is a 3 minute walk to Wellesley subway station. The property has been professionally managed, well maintained and is positioned accordingly in the local rental market. The strength of the rental market in recent years has revealed a substantial revenue upside opportunity. Rents have the potential to increase dramatically upon tenant turnover and match the prevailing market standard in the area.
41 Dundonald Street is offered for sale individually or as a portfolio with 149 St. George Street (48 suites). The Portfolio offers investors a rare opportunity to acquire 149 suites located in two of Toronto's most coveted neighbourhoods.
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- 41 Dundonald Street