1160 DUFFERIN STREET

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-bedroomapartments and onethree-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). (id:67197)

Price

$1,399,000

Property Type

Multi-family

Transaction Type

For sale

Bathrooms

5

Parking

6

MLS® Number

W13755630

Interior Size

2390 sqft

Building Type

Multi-Family

Bathrooms

5

Cooling

Fully air conditioned

Fireplace

No

Heating

Radiant heat

Interior Size

2390 sqft

Water

Municipal water

Size Frontage

22 ft

Size Depth

106 ft

Acreage

No

Sewer

Sanitary sewer

Amenities Nearby

Highway, Public Transit

• Highway
• Public Transit