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Wendy Bye

wendy.bye@engelvoelkers.com +1(613) 899-7653

$ 1,299,900

Est. payment -/mo

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742 DUFFERIN STREET Toronto (dufferin Grove), ON M6H3K6

5 Beds

3 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $866

Subdivision Dufferin Grove

MLS® Listing ID C13763020

Bedrooms 5

Half Baths 1

Property Sub-Type Freehold

Property Description

Excellent investment opportunity with cash flow! This well-maintained semi-detached building is a multi-use property that offers generous space in each of the 3 units, a flexible layout and private laundry in 2 of the units. It is ideal for investors looking to maximize rental income and long-term value, and, in addition to helping offset mortgage and expenses, keeping all 3 units rented. Some of the options are to live in one unit while renting out the others or use the parking lot for a potential extension of an additional 3 rental units (subject to municipal approvals and permits). With 3 parking spaces at the rear, this property is conveniently located within walking distance of the subway station and is a 5-minute walk from Dufferin Mall. It is in the heart of restaurants, grocery stores, schools and everyday amenities, while being a very short distance from Downtown/Toronto. There is the convenience of public transit at your door, located at the intersection of Dufferin and College, major streets. Conveniently, at the rear of the building, you also have public parking for your guests or clients. With this excellent location, versatile layout, multiple income possibilities and future development potential, this is a fantastic location opportunity for investors seeking to live and have your business at the same location or for investment that will provide you with cash flow, equity growth and long-term appreciation. Don't miss this great opportunity to obtain a property which offers various options for investment returns. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level Measurements not available Bedroom

Extra Room 2 Second level Measurements not available Bedroom

Extra Room 3 Second level Measurements not available Living room

Extra Room 4 Second level Measurements not available Kitchen

Extra Room 5 Basement Measurements not available Office

Extra Room 6 Basement Measurements not available Media

Interior

Heating Baseboard heaters, Forced air, ,

Flooring Laminate

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

Ownership Freehold

Listed by RE/MAX METROPOLIS REALTY

NEARBY SCHOOLS & PROPERTIES

Wendy Bye

Advisor

+1(613) 899-7653

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