$1,399,999
Available - For Sale
Listing ID: W12106045
1640 Dufferin Stre , Toronto, M6H 3L8, Toronto
| Prime Investment Opportunity! Fully renovated 5-unit building. This rare offering presents a completely remodelled five-unit property, ideally positioned for investors seeking strong cash flow and long-term value. This property is a lucrative addition to any portfolio with a $153,000 gross rental income and an approximate 5% cap rate. The building features five units, including three spacious 2-bed, 2-bath units (above ground), one 1-bed, 1-bath walkout unit and one bachelor apartment on the lower level. Each unit has been extensively renovated with modern, high-end finishes, including five brand new kitchens, eight updated bathrooms featuring sleek glass showers, New walls, insulation, and energy-efficient pot lights, updated electrical and plumbing systems, a new roof, and underpinning providing an 8-foot ceiling in the basement for added appeal. Additional features include four separate hot water tanks, four furnaces, and four AC units. Located just steps from the bustling St. Clair Ave, this property is surrounded by an array of trendy restaurants, boutique shops, and coffee spots. With its turnkey condition, strong rental income potential, and prime location, this property offers an exceptional opportunity for a hands-off investor or owner-operator. |
| Price | $1,399,999 |
| Taxes: | $4442.00 |
| Occupancy: | Tenant |
| Address: | 1640 Dufferin Stre , Toronto, M6H 3L8, Toronto |
| Directions/Cross Streets: | St Clair and Dufferin |
| Rooms: | 18 |
| Rooms +: | 6 |
| Bedrooms: | 6 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Finished wit, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 16.07 | 13.55 | Hardwood Floor, Combined w/Dining |
| Room 2 | Main | Kitchen | 8.86 | 9.18 | Quartz Counter |
| Room 3 | Main | Bathroom | 7.81 | 3.94 | Glass Doors |
| Room 4 | Main | Primary B | 9.12 | 9.18 | Hardwood Floor, Closet |
| Room 5 | Main | Bathroom | 10.27 | 4.23 | 3 Pc Ensuite |
| Room 6 | Main | Bedroom 2 | 11.05 | 8.99 | Hardwood Floor |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Third |
| Washroom Type 4 | 3 | Lower |
| Washroom Type 5 | 3 | Lower |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 0 |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REALTY SPECIALISTS INC. |
|
|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Toronto |
| Municipality: | Toronto W03 |
| Neighbourhood: | Corso Italia-Davenport |
| Style: | 3-Storey |
| Tax: | $4,442 |
| Beds: | 6+1 |
| Baths: | 8 |
| Fireplace: | N |
| Pool: | None |
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