1160 Dufferin Street, Toronto, Ontario, Canada, M6H4B8
1,399,000
for Sale
5
About the property:
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-bedroomapartments and onethree-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).
Investment
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- Property Type:
- Investment
- Status:
- for Sale
- Bathrooms:
- 5
- Land Size:
- 22.08 x 106 FT
- Business Type:
- Apts - 2 To 5 Units
- Heating Type:
- Radiant
- Cross Street:
- Dufferin Street & Wallace Aven
- Annual Property Taxes:
- 8,295.73
- Listing ID:
- W13755630
Rooms
Dimensions
Brokered by:
Royal Lepage Real Estate Services Ltd.
Source: TRREB/PROPTX
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