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-bedroomapartments and onethree-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). (id:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | W13755630 |
| Property Type | Multi-family |
| Community Name | Dovercourt-Wallace Emerson-Junction |
| Amenities Near By | Highway, Public Transit |
| Parking Space Total | 6 |
| Bathroom Total | 5 |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Radiant Heat |
| Size Interior | 2,390 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 106 Ft |
| Size Frontage | 22 Ft |
| Size Irregular | 22.08 X 106 Ft |
| Size Total Text | 22.08 X 106 Ft |
| Zoning Description | R(d0.6*740) |
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)