Property Information:
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. **** EXTRAS **** **Commercial unit is leased until Dec 2027. Second level apartment is on a month to month lease** (id:27)
Building Features:
-
Style:
Retail
-
Building Type:
Residential Commercial Mix
-
Air Conditioning:
Yes
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Cooling Type:
Fully air conditioned
-
Appliances:
Dishwasher, Dryer, Range, Refrigerator, Stove, Washer
