742 Dufferin Street

Toronto (Dufferin Grove), ON M6H3K6

About this property

Excellent investment opportunity with cash flow! This well-maintained semi-detached building is a multi-use property that offers generous space in each of the 3 units, a flexible layout and private laundry in 2 of the units. It is ideal for investors looking to maximize rental income and long-term value, and, in addition to helping offset mortgage and expenses, keeping all 3 units rented. Some of the options are to live in one unit while renting out the others or use the parking lot for a potential extension of an additional 3 rental units (subject to municipal approvals and permits). With 3 parking spaces at the rear, this property is conveniently located within walking distance of the subway station and is a 5-minute walk from Dufferin Mall. It is in the heart of restaurants, grocery stores, schools and everyday amenities, while being a very short distance from Downtown/Toronto. There is the convenience of public transit at your door, located at the intersection of Dufferin and College, major streets. Conveniently, at the rear of the building, you also have public parking for your guests or clients. With this excellent location, versatile layout, multiple income possibilities and future development potential, this is a fantastic location opportunity for investors seeking to live and have your business at the same location or for investment that will provide you with cash flow, equity growth and long-term appreciation. Don't miss this great opportunity to obtain a property which offers various options for investment returns. (id:13843)

About this property

Excellent investment opportunity with cash flow! This well-maintained semi-detached building is a multi-use property that offers generous space in each of the 3 units, a flexible layout and private laundry in 2 of the units. It is ideal for investors looking to maximize rental income and long-term value, and, in addition to helping offset mortgage and expenses, keeping all 3 units rented. Some of the options are to live in one unit while renting out the others or use the parking lot for a potential extension of an additional 3 rental units (subject to municipal approvals and permits). With 3 parking spaces at the rear, this property is conveniently located within walking distance of the subway station and is a 5-minute walk from Dufferin Mall. It is in the heart of restaurants, grocery stores, schools and everyday amenities, while being a very short distance from Downtown/Toronto. There is the convenience of public transit at your door, located at the intersection of Dufferin and College, major streets. Conveniently, at the rear of the building, you also have public parking for your guests or clients. With this excellent location, versatile layout, multiple income possibilities and future development potential, this is a fantastic location opportunity for investors seeking to live and have your business at the same location or for investment that will provide you with cash flow, equity growth and long-term appreciation. Don't miss this great opportunity to obtain a property which offers various options for investment returns. (id:13843)

Features and Additional Information

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$1,299,900 Active
5 Bed(s)
3
Baths
1,500 sqft

Presented By Trevor Docherty, Broker/Owner

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Get in touch today! Phone: 1-705-787-5060
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RE/MAX METROPOLIS REALTY
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Area Information

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$ 1,299,900
This listing is play_arrow 0.0% lower than the average in the area
$ 1,299,900 in the area
1,500 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,500 SqFt in the area
$ 867 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 867 $/SqFt in the area
59 days on site
This listing is play_arrow 0.0% below the average in the area
59 days on site in the area

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Listed By RUENA CORPUZ REOTUTAR
Brokerage: RE/MAX METROPOLIS REALTY

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