5 Bathroom
2,390 ft2
Fully Air Conditioned
Radiant Heat
$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:55499)
Business
|
Business Type
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Residential |
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Business Sub Type
|
Apartments |
Property Details
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MLS® Number
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W13755630 |
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Property Type
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Multi-family |
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Community Name
|
Dovercourt-Wallace Emerson-Junction |
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Amenities Near By
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Highway, Public Transit |
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Parking Space Total
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6 |
Building
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Bathroom Total
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5 |
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Cooling Type
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Fully Air Conditioned |
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Heating Type
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Radiant Heat |
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Size Interior
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2,390 Ft2 |
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Type
|
Multi-family |
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Utility Water
|
Municipal Water |
Land
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Acreage
|
No |
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Land Amenities
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Highway, Public Transit |
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Sewer
|
Sanitary Sewer |
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Size Depth
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106 Ft |
|
Size Frontage
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22 Ft |
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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