Introducing a prime investment opportunity in the heart of Dovercourt Village with the TTC and all amenities at your doorstep. Thriving 'Home & Hardware' business occupies the main level (partially renovated in 2023!). The second level consists of a 2-bedroom apartment with great size living space, a 3pc bath, and private access to a large deck. Laneway parking provided for the commercial unit. Monthly rent received is $7,750 which amounts to $93,000 per year and tenants are responsible for virtually all the utilities and insurance resulting in an incredible Net Operating Income of $85,000. Superb location and investment potential! Building also boasts a basement, which is currently utilized by the commercial unit.
Address
1212 Dufferin Street
List Price
$1,699,000
MLS® Status
New
Expiration Date
2025-11-15
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
For Sale
Area
Toronto W02
Sub-Area
Dovercourt-Wallace Emerson-Junction
Region
Toronto
Lot Depth
113.52
Lot Type
Building
Lot Size Units
Feet
Lot Width
26.83
Parcel Number
213130400
Total Building Area
2383.5
Occupant Type
Tenant
Cross Street
Dupont St / Dufferin St
MLS® Number
W12358024
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Basement
Yes
Postal Code
M6H 4C1
Posession Details
60/90/TBD
Tax Amount
$13,087.03
Tax Year
2024
Community Features
Public Transit, Subways
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Lane
Tax Legal Description
PT LT 3-4 PL 862 CITY WEST PARTS 2 & 4 63R4450; S/T & T/W CA38355; CITY OF TORONTO
Security Features
No