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Est. payment | /mo
4 Beds
4 Baths
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Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Municipality Toronto W02
Subdivision Dovercourt-Wallace Emerson-Junction
MLS Listing ID W13755600
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $8,295
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Renovate or build: two great options for this highly visible corner property in Toronto's West Junction-Wallace area. Take advantage of the existing 4-unit building: 1 commercial and 3-Residential units, and renovate them for higher rental yields with an anticipated 8% leveraged return OR, benefit from Toronto's Major Street Initiative and create a design-build option for purpose-built multi-residential apartments. The property features a 425 sq. ft. main-floor commercial unit and three residential apartments located on the rear and upper levels. This well-maintained building offers almost 2,400 sq. ft. of above-grade space, with a flexible and income-friendly unit mix of two one-bedroom apartments and one three-bedroom apartment. Nestled in a desirable, transit-oriented location just minutes from Dufferin Station, the property benefits from strong rental demographics, excellent connectivity, and an impressive Walk Score of 88. Conveniently located near shops, restaurants, a community centre, and schools. The seller is a Registered Real Estate Agent (RREA).
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Zoning R(d0.6*740)
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Water Meter
Cooling Window Unit(s)
Exterior
Parking Features Other
Pool None
Roof Type Asphalt Shingle
Lot Frontage 22.08
Lot Depth 106.0
Total Parking Spaces 6
Building
Foundation Concrete Block
Others
Senior Community No
Security Features Smoke Detector
ParcelsYN No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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