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.**Commercial unit is leased until Dec 2027. Second level apartment is on a month to month lease**
Address
1212 Dufferin Street
List Price
$1,888,000
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Area
Toronto W02
Sub-Area
Dovercourt-Wallace Emerson-Junction
County
Toronto
Lot Depth
113.52
Lot Type
Building
Lot Size Units
Feet
Lot Width
26.83
MLS® Number
W12047591
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Postal Code
M6H 4C1
Tax Amount
$13,087.03
Tax Year
2024
Community Features
Public Transit, Subways
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Lane
Security Features
No