About 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).
Features of 1160 Dufferin Street
| MLS® # | W13755630 |
|---|---|
| Price | $1,399,000 |
| Bathrooms | 5.00 |
| Type | Commercial |
| Sub-Type | Investment |
| Status | Active |
Community Information
| Address | 1160 Dufferin Street |
|---|---|
| Area | Toronto |
| Subdivision | Dovercourt-Wallace Emerson-Junction |
| City | Toronto W02 |
| Province | ON |
| Postal Code | M6H 4B8 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Garages | Outside/Surface |
| Is Waterfront | No |
Interior
| Heating | Radiant |
|---|---|
| Cooling | Yes |
| Fireplace | No |
Listing Details
| Office | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
|---|