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Toronto, ON, Canada
List price
$1,399,000
Why This Property?
Corner mixed-use building in Dovercourt-Wallace Emerson-Junction with one 425 sq. ft. main-floor commercial unit and three residential apartments: two one-bedrooms and one three-bedroom. Nearly 2,400 sq. ft. above grade, near Line 2 subway stations, frequent bus service, Wallace Emerson Park, and Dufferin Grove Park.
Facts & Features
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full: 4
- Half: 0
Living Area
- 0–0 sqft
Stories
Lot size
- 0.052 acres
Year built
- 0
Property type
- Multiplex
Standard status
- Active
Cooling
Heating
View
Utilities
Water / Sewer
About This Property
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).
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Listing Broker
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® TRREB · Listing #W13755600
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