1640 Dufferin Street For Sale

Toronto, Corso Italia-Davenport, M6H 3L8

$2,499,990

Description

Listed by RE/MAX REALTY SPECIALISTS INC..

Prime Investment Opportunity! Fully Renovated 5-Plex with High ROI PotentialThis rare offering presents a completely remodelled 5-plex, ideally positioned for investors seeking strong cash flow and long-term value. This property is a lucrative addition to any portfolio with a projected $153,000 in gross rental income and an approximate 5% cap rate. The building features five fully self-contained 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 drywall, insulation, and energy-efficient pot lights, Updated electrical and plumbing systems, 8-foot ceilings in the basement for added appeal. Additional features include Four separate hot water tanks, four furnaces, and four AC units; two vacant units provide immediate rental income potential or the opportunity for owner-occupancy. 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.

Location

View Map
  • Address: 1640 Dufferin Street
  • Neighborhood: Corso Italia-Davenport
  • City: Toronto
  • State: Ontario
  • Postal Code: M6H 3L8

Property Details

  • Property ID: W11982388
  • Property Price: $2,499,990
  • Style: Detached, 3-Storey
  • Sq/Ft: 2500-3000
  • Rooms: 18+6
  • Bedrooms: 6+1
  • Bath: 8
  • A/C: Central Air
  • Basement: Fin W/O, Sep Entrance
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $4,442.00 (2024)
  • Lot: 120.00x25.00 (Feet)

Room details and dimensions

Statistics for similar Detached homes in Corso Italia-Davenport

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Corso Italia-Davenport

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in Corso Italia-Davenport

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


Sign In / Register

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Nearby Listings

Detached House for sale at 53 Alameda Avenue, Toronto, Oakwood Village, M6C 3W3 - MLS: C11922505
  • For Sale

53 Alameda Avenue

Toronto, Oakwood Village, M6C 3W3

  • 6+2 Bedrooms
  • 5 Bath