1798 Dufferin Street, Toronto, ON M6E 3P4

Toronto W03 M6E 3P4 Ontario

MLS: W12165208

$1,499,900

Added 11 days ago | For Sale

Listed by: ELEVATE REALTY INC.

About Property

Turnkey Cash Flow With Laneway Bonus... This Is The One Youve Been Waiting For! A Stunning, Massive, Character-Rich Triplex In Prime Corso Italia, Operating As 4 Self-Contained Units Across 2.5 Storeys. Over 3200sf of Living Space! All Fully Tenanted And Generating A Rock-Solid $8,540/Month In Gross Rent. Turnkey 5.8% Cap Rate w/ Big Upside Potential On Rents. This Property Delivers Function, Income, And Flexibility In Spades. Commitee Approved Laneway Suite, Just Get Your Permit & Build, This Is A Rare Opportunity To Push The Property Into CMHC Mutlifamily Financing For Some Big Value Lift & Strong Financing. Each Unit Has Been Well Maintained With Modern Touches While Retaining The Buildings Original Charm. High Ceilings, Large Windows, And That Classic Toronto Brick Aesthetic. This Is A Perfect Option For Investors Seeking Cash Flow From Day One With The Bonus Of Strategic Upside Through Repositioning Or Redevelopment. Whether You Hold As-Is Or Upgrade Over Time, This Is A Beautiful Building With Solid Bones And Serious Potential. New Roof (2024)

Features

  • House Style:Investment
  • Bathrooms:3
  • Land Size: 30 X 105.33
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Dufferin & St Clair
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $5314.59
  • Bedrooms:
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Radiant
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12165208

About Agent
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.