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Dennis Mehravar

[email protected] +1(519) 498-1229

$ 2,099,000

Est. payment -/mo

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Active

1218 DUFFERIN STREET Toronto (dovercourt-wallace Emerson-junction), ON M6H4C1

5 Beds

6 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Dovercourt-Wallace Emerson-Junction

MLS® Listing ID W12000605

Bedrooms 5

Half Baths 1

Originating Board Toronto Regional Real Estate Board

Property Sub-Type Freehold

Property Description

Expand Your Real Estate Portfolio With This Amazing Turnkey Investment Opportunity! Lucrative Cash Flow In Prime Toronto Location W/ Approved Plans To Construct a 1200 SF Total Laneway House! This Fully Rented 6-Unit Building Offers A Freshly Painted Exterior w/ A Spacious Store Front Utilized As a Successful Hair Salon. 4 More Upgraded Self-Contained Units Above w/ Their Own Design Details Plus A Bachelor Pad. Superb Location With The TTC Conveniently Located At Your Doorstep and All Amenities Nearby! Monthly Rent Received is $10,875 ($130,500 A Year) + The Projected Rent For The Laneway Property Is Approx. $4,000 A Month ($48,000 A Year) In Additional Rent! Sound Financial Opportunity with over $100,000 in Net Operating Income - Don't Delay!! **Projected Construction Budget Available & Seller Has A Construction Team Available** Projected Length of Construction For Laneway House Approx. 5 - 6 Months**. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Lower level 3.18 m X 2.24 m Kitchen

Extra Room 2 Lower level 2.99 m X 4.14 m Living room

Extra Room 3 Main level 2.45 m X 3.23 m Workshop

Extra Room 4 Upper Level 3.36 m X 2.38 m Kitchen

Extra Room 5 Upper Level 2.88 m X 2.6 m Living room

Extra Room 6 Upper Level 3.36 m X 2.38 m Bedroom

Interior

Heating Hot water radiator heat

Flooring Vinyl, Tile, Cork, Hardwood

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Ownership Freehold

Listed by SAM MCDADI REAL ESTATE INC.

Dennis Mehravar

License Partner, Broker of Record

+1(519) 498-1229

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