39
1798 Dufferin Street
$1,499,900 Sale
Listed 88 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 1798 Dufferin Street
Key Facts
Key facts for 1798 Dufferin Street
Property Type
Commercial
Parking
None
MLS #
W12165208
Size
-
Basement
-
Listed on
2025-05-22
Lot size
30 x 105.33
Tax
$5,314.59 /yr
Days on Market
89
Approximate Age
-
Maintenance Fee
-
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)
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Courtesy of: ELEVATE REALTY INC.