1160 Dufferin Street Toronto, Ontario M6H 4B8

$1,399,000

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). (id:55460)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	W13755630
Property Type	Multi-family
Community Name	Dovercourt-Wallace Emerson-Junction
Amenities Near By	Highway, Public Transit
Parking Space Total	6

Building

Bathroom Total	5
Cooling Type	Fully Air Conditioned
Heating Type	Radiant Heat
Size Interior	2,390 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Highway, Public Transit
Sewer	Sanitary Sewer
Size Depth	106 Ft
Size Frontage	22 Ft
Size Irregular	22.08 X 106 Ft
Size Total Text	22.08 X 106 Ft
Zoning Description	R(d0.6*740)

https://www.realtor.ca/real-estate/30246951/1160-dufferin-street-toronto-dovercourt-wallace-emerson-junction-dovercourt-wallace-emerson-junction