1160 Dufferin Street,Toronto (Dovercourt-Wallace Emer, ON M6H4B8
Toronto (Dovercourt-Wallace Emer, ON M6H4B8
Description
Renovate or build: two great options for this highly visible corner property in Toronto's West Junction-Wallace area. Take advantage of the existing 4-unit building: 1 commercial and 3-Residential units, and renovate them for higher rental yields with an anticipated 8% leveraged return OR, benefit from Toronto's Major Street Initiative and create a design-build option for purpose-built multi-residential apartments. The property features a 425 sq. ft. main-floor commercial unit and three residential apartments located on the rear and upper levels. This well-maintained building offers almost 2,400 sq. ft. of above-grade space, with a flexible and income-friendly unit mix of two one-bedroom apartments and one three-bedroom apartment. Nestled in a desirable, transit-oriented location just minutes from Dufferin Station, the property benefits from strong rental demographics, excellent connectivity, and an impressive Walk Score of 88. Conveniently located near shops, restaurants, a community centre, and schools. The seller is a Registered Real Estate Agent (RREA). (id:13843)
Details
| MLS # | W13755600 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 46 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | IAN WILSON |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R(d0.6*740) |
Interior
| Cooling | Window air conditioner |
|---|---|
| Heating | Radiant heat, Natural gas |
| Appliances | Water meter |
| Fireplace Yes / No | No |
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Foundation Details | Block |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 6 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 8295.73 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Dovercourt-Wallace Emer |
| Postal Code | M6H4B8 |
| Listing VS Median (in M6H4B8) | |
Price: $1,399,000 low | high Med: $1,399,000 sqft: 2,000 low | high Med: 2,195 $ / sqft: $700 low | high Med: $642 On site: 46 low | high Med: 46 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Dovercourt-Wallace Emer |
| Postal Code | M6H4B8 |
| Listing VS Median (in M6H4B8) | |
Price: $1,399,000 low | high Med: $1,399,000 sqft: 2,000 low | high Med: 2,195 $ / sqft: $700 low | high Med: $642 On site: 46 low | high Med: 46 | |
