1218 DUFFERIN STREET, Toronto, Ontario, M6H 4C1

$2,199,000

MLS® # W10416533

House For Sale In Wallace Emerson, Toronto, Ontario

$2,199,000

  • 5

    Bedrooms

  • 6

    Baths

  • 22 x 120 FT

    Lot Size

Property Information:

Expand Your Real Estate Portfolio With This Amazing Turnkey Investment Opportunity! Lucrative Cash Flow In Prime Toronto Location W/ Approved Plans To Construct a 1200 SF Total Laneway House! This Fully Rented 6-Unit Building Offers A Freshly Painted Exterior w/ A Spacious Store Front Utilized As a Successful Hair Salon. 4 More Upgraded Self-Contained Units Above w/ Their Own Design Details Plus A Bachelor Pad. Superb Location With The TTC Conveniently Located At Your Doorstep and All Amenities Nearby! Monthly Rent Received is $10,545 ($126,540 A Year) + The Projected Rent For The Laneway Property Is Approx. $4,000 A Month ($48,000 A Year) In Additional Rent! Sound Financial Opportunity with over $100,000 in Net Operating Income - Don't Delay!! **** EXTRAS **** **Projected Construction Budget Available & Seller Has A Construction Team Available** Projected Length of Construction For Laneway House Approx. 5 - 6 Months**. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Flooring Type: Vinyl, Tile, Cork, Hardwood
  • Foundation Type: Poured Concrete
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5
  • Bathrooms: 6
  • Half Bathrooms: 1
  • Amenities Nearby: Public Transit
  • Features: Lane
  • Irregular: Yes
  • Lot Depth: 120.0 Feet
  • Lot Frontage: 22.0 Feet
  • Lot Size: 22 x 120 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 2

Rooms:

  • Kitchen Lower Level 3.18 m x 2.24 m
  • Living Lower Level 2.99 m x 4.14 m
  • Workshop Main Level 2.45 m x 3.23 m
  • Kitchen Upper Level 3.36 m x 2.38 m
  • Living Upper Level 2.88 m x 2.60 m
  • Bedroom Upper Level 3.36 m x 2.38 m
  • Kitchen Upper Level 2.36 m x 2.91 m
  • Living Upper Level 3.30 m x 4.63 m
  • Bedroom Upper Level 3.87 m x 4.63 m
  • Kitchen Upper Level 3.41 m x 2.96 m
  • Bedroom Upper Level 3.03 m x 3.24 m
  • 2nd Bedroom Upper Level 3.86 m x 3.23 m

Courtesy of: SAM MCDADI REAL ESTATE INC.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos