723 Dovercourt Road Sold a year ago

Toronto, Palmerston-Little Italy, M6H 2W7

$1,200,000$000000

Description

Listed by RE/MAX ULTIMATE REALTY INC..

Fantastic opportunity to own a textbook example of a wonderful investment property to add to your long-term growth portfolio. This 3-storey semi-detached home with a 130ft+ deep lot is perfectly nestled steps away from the corner of rapidly gentrifying Dovercourt & Bloor. Within arm's reach from a beautifully boutique grocery and coffee shop, minutes from Ossington Station and steps to some of the city's best shops and restaurants. Potential for so much creativity- the main floor and basement as commercial space with a 3-bedroom apartment on the top two floors? Multi-unit residential? Assembly? Use your creativity and imagination! With its substantial lot depth, there's the opportunity to construct a 2-storey 800 sqft+ 2 bedroom laneway house for additional rental income which will push the potential cap rates well into the 7-10% range & subsequently increase the overall value of the property. The laneway house analysis & report were professionally completed by Laneway Housing Advisors

A complete laneway house analysis report is available. Inquire to receive a copy.

Location

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  • Address: 723 Dovercourt Road
  • Neighborhood: Palmerston-Little Italy
  • City: Toronto
  • State: Ontario
  • Postal Code: M6H 2W7

Property Video

Property Details

  • Property ID: C7386518
  • Property Price: $1,200,000
  • Style: Semi-Detached, 3-Storey
  • Sq/Ft: 1500-2000
  • Rooms: 8
  • Bedrooms: 4
  • Bath: 2
  • Parking Spaces: 1
  • A/C: Central Air
  • Basement: Full, Part Fin
  • Central Vac.: N
  • Den: N
  • Elevator: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $5,543.40 (2023)
  • Lot: 132.00x12.00 (Feet)

Room details and dimensions

Statistics for similar Semi-Detached homes in Palmerston-Little Italy

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 Semi-Detached homes in Palmerston-Little Italy

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 Semi-Detached homes in Palmerston-Little Italy

Contact Manoj Kukreja

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

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