1798 Dufferin ST Active Save Request In-Person Tour Request Virtual Tour
Toronto W03,ON M6E 3P4
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,297 sqft
Price per Sqft $454
Subdivision Corso Italia-Davenport
MLS Listing ID W12165208
Annual Tax Amount $5,314
Tax Year 2024
Property Sub-Type Investment
Property Description
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)
Location
Province ON
County Toronto
Community Corso Italia-Davenport
Area Toronto
Interior
Cooling No
Exterior
Utilities Available Yes
Others
Virtual Tour https://www.houssmax.ca/vtournb/c6493984