1640 Dufferin St 5 Unit Apartment Building $2,499,000 CAD ($499,800 CAD/Unit) Toronto, ON M6H 3L8

INVESTMENT HIGHLIGHTS

  • Potential to install separate hydro meters.
  • Very close to Shopping, Transportation, Schools.

EXECUTIVE SUMMARY

Wonderful investment opportunity in a great neighbourhood completely renovated top to bottom with 5 units and rough in already done for a garden suite for a total of 6 units with potential to increase the equity with approximately 850,000$ 3 Two Bedrooms 1 One Bed and 1 Bachelor Potential Gross income $150,000, Potential Net Income $125,000 (plus approximately $36,000 from the Garden Suite) Brand new kitchens, new bathrooms, new floors, new pot lights trough out, new windows, and roof, new concrete driveway and porch in front of the property new fence, 4 new balconies, new stairwell and railings, sensor lighting new doors Each unit has its own new furnace and hot water tank stackable washers and dryers new stainless steel appliances each two bedroom has two bathrooms.

PROPERTY FACTS

Price $2,499,000 CAD
Price Per Unit $499,800 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.07 AC
Building Size 3,000 SF
No. Stories 3
Year Built 1990
Parking Ratio 0.67/1,000 SF

UNIT AMENITIES

  • Balcony
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Skylights

SITE AMENITIES

  • 24 Hour Access
  • Smoke Free
  • Walk-Up
  • Smoke Detector
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (76)

ZONING

Zoning Code R1
  • Listing ID: 34224332

  • Date on Market: 2024-12-17

  • Last Updated:

  • Address: 1640 Dufferin St, Toronto, ON M6H 3L8