Description

1140 Dupont Street, Toronto is a single-tenant commercial property with a 0.36-acre site area strategically located in Toronto's rapidly intensifying Dupont Street corridor, and underpinned by a stable income stream. The Property is improved with a 15,561 sq. ft. commercial building featuring two grade level doors which supports a wide range of uses, and is poised for significant long-term appreciation as the area transitions from industrial/commercial to accommodate high-density residential and mixed-use development. The investment is secured by a long-term lease with Next Plumbing and Hydronics Supply, a premier, fast-growing wholesale distributor in the Greater Toronto Area (GTA) and Southern Ontario, specializing in residential, commercial, and industrial plumbing and hydronics products. The tenancy ensures stable, predictable net operating income and a resilient revenue base. Notably, the site offers exceptional long-term redevelopment potential due to its substantial total area and location in an area designated for high-density intensification, providing a highly attractive covered land play for future value creation. This is a rare chance to own a cash-flowing asset with a strong covenant in a supply-constrained Toronto core location, offering both immediate financial stability and significant future upside.

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