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$1,499,900
Available - For Sale
Listing ID: W12165208
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)
Price $1,499,900
Taxes: $5,314.59
Tax Type: Annual
Occupancy by: Tenant
Address: 1798 Dufferin Stre , Toronto, M6E 3P4, Toronto
Postal Code: M6E 3P4
Province/State: Toronto
Legal Description: LT 2 W/S DUFFERIN ST PL 1377 TORONTO (WY
Directions/Cross Streets: Dufferin & St Clair
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3,297
Total Area Code:  Square Feet
Financial Statement: T
Chattels: F
Franchise: F
Maintenance: 0
Water Expense: $2684
Net Income Before Debt: $88285
Expenses Actual/Estimated: $Act
Heat Type: Radiant
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ELEVATE REALTY INC.

1798 Dufferin Stre , Toronto, M6E 3P4, Toronto


 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto W03
Neighbourhood: Corso Italia-Davenport
Style:
Lot Size: x 105.33(Feet)
Approximate Age:
Tax: $5,314.59
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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