1212 Dufferin St | Toronto W02 - Dovercourt-Wallace Emerson-Junction

Description

Commercial unit is leased until Dec 2027. Second level apartment is on a month to mont lease

Property Details

  • Asking Price: $2,350,000
  • Virtual Tour URL: https://unbranded.youriguide.com/1212_dufferin_st_toronto_on/
  • Taxes: 13087.03
  • Basement: Y
  • Garage Type: Lane
  • Heat Type: Gas Forced Air Closd
  • Air Conditioning: Y
  • Approx Square Footage: 779
  • Type: Store W/Apt/Office
  • Style: Store With Apt/Office

Introducing a prime investment opportunity in the heart of Dovercourt Village with the TTC and all amenities at your doorstep. Thriving 'Home & Hardware' business occupies the main level (partially renovated in 2023!). The second level consists of a 2-bedroom apartment with great size living space, a 3pc bath, and private access to a large deck. Laneway parking provided for the commercial unit. Monthly rent received is $7,750 which amounts to $93,000 per year and tenants are responsible for virtually all the utilities and insurance resulting in an incredible Net Operating Income of $85,000. Superb location and investment potential! Building also boasts a basement, which is currently utilized by the commercial unit.