Toronto W03, ON M6E 3P4,1798 Dufferin ST
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Toronto W03, ON M6E 3P4,1798 Dufferin ST
Toronto W03, ON M6E 3P4,1798 Dufferin ST
Toronto W03, ON M6E 3P4,1798 Dufferin ST
Toronto W03, ON M6E 3P4,1798 Dufferin ST
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1798 Dufferin ST Toronto W03, ON M6E 3P4

3 Baths

3,297 SqFt


UPDATED:

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

Lot Depth 105.33

Lot Front 30.0

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

Lot Frontage 30.0

Lot Depth 105.33

Others

Virtual Tour https://www.houssmax.ca/vtournb/c6493984


Listed by ELEVATE REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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1798 Dufferin ST