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$1,399,000
Available - For Sale
Listing ID: W13755630
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).
Price $1,399,000
Taxes: $8,295.73
Tax Type: Annual
Occupancy by: Tenant
Address: 1160 Dufferin Street , Toronto, M6H 4B8, Toronto
Postal Code: M6H 4B8
Province/State: Toronto
Directions/Cross Streets: Dufferin Street & Wallace Avenue
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,390
Total Area Code:  Square Feet
Office/Appartment Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Maintenance: 0
Sprinklers: No
Clear Height Feet: 8
Heat Type: Radiant
Central Air Conditioning: Yes
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

1160 Dufferin Street , Toronto, M6H 4B8, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto W02
Neighbourhood: Dovercourt-Wallace Emerson-Junction
Style:
Lot Size: x 106.00(Feet)
Approximate Age:
Tax: $8,295.73
Maintenance Fee: $0
Beds: 0
Baths: 5
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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