ON > Toronto W03 > Corso Italia-Davenport
Toronto W03, ON M6E 3P4,1798 Dufferin ST
Toronto W03, ON M6E 3P4,1798 Dufferin ST
Toronto W03, ON M6E 3P4,1798 Dufferin ST
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Craig Strachan

Craig Strachan

+1(705) 730-4892
$1,499,900
Est. payment /mo
7 Beds
5 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Corso Italia-Davenport

MLS Listing ID W12165035

Style 2 1/2 Storey

Bedrooms 7

Annual Tax Amount $5,314

Tax Year 2024

Property Sub-Type Triplex

Property Description

Turnkey Cash Flow With Laneway Bonus... This Is The One Youve Been Waiting For! A Stunning, Massive, Character-Rich Triplex In Prime Corso Italia, Operating As 4 Self-Contained Units Across 2.5 Storeys. Over 3200sf of Living Space! All Fully Tenanted And Generating A Rock-Solid $8,540/Month In Gross Rent. Turnkey 5.8% Cap Rate w/ Big Upside Potential On Rents. This Property Delivers Function, Income, And Flexibility In Spades. Commitee Approved Laneway Suite, Just Get Your Permit & Build, This Is A Rare Opportunity To Push The Property Into CMHC Mutlifamily Financing For Some Big Value Lift & Strong Financing. Each Unit Has Been Well Maintained With Modern Touches While Retaining The Buildings Original Charm. High Ceilings, Large Windows, And That Classic Toronto Brick Aesthetic. This Is A Perfect Option For Investors Seeking Cash Flow From Day One With The Bonus Of Strategic Upside Through Repositioning Or Redevelopment. Whether You Hold As-Is Or Upgrade Over Time, This Is A Beautiful Building With Solid Bones And Serious Potential. New Roof (2024)

Location

Province ON

County Toronto

Community Corso Italia-Davenport

Area Toronto

Rooms

Family Room No

Basement Separate Entrance, Apartment

Kitchen 4

Separate Den/Office 1

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 30.0

Lot Depth 105.33

Total Parking Spaces 4

Building

Foundation Unknown

Others

Virtual Tour https://www.houssmax.ca/vtournb/c6493984

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Listed by ELEVATE REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 730-4892

craig@bellwethergroup.ca

23 Clapperton St. L4M 3E4, Barrie, ON, Canada

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1798 Dufferin ST