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1160 DUFFERIN STREET, Toronto (Dovercourt-Wallace Emerson-Junction)

4 BEDS · 4 BATHS · 2000 - 2500 sqft

$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-bedroom apartments and one three-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).

General Info


MLS Listing ID: W13755600 Bedrooms: 4 Bathrooms: 4 Year Built: 0
Listing Type: Multi-family Half Baths: 1 Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block Roof: N/A Title To Land: N/A Parking Space Total: 6
Parking: No Garage Heating: Radiant heat Size: 2000 - 2500 sqft Air Conditioning : Window air conditioner
Home Style: N/A Finished Floor Area: N/A Fireplaces: Smoke Detectors Basement: N/A (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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