See all 40 photos
40 photos
REQUEST A TOUR
$1,950,000
Est. payment /mo
5 Beds
6 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Dovercourt-Wallace Emerson-Junction
MLS Listing ID W12130937
Style 3-Storey
Bedrooms 5
Annual Tax Amount $7,072
Tax Year 2024
Property Sub-Type Detached
Lot Depth 120.0
Lot Front 22.0
Appx SqFt 2500-3000
Property Description
Expand Your Real Estate Portfolio With This Amazing Turnkey Investment Opportunity! Lucrative Cash Flow In Prime Toronto Location W/ Approved Plans To Construct a 1200 SF Total Laneway House! This Fully Rented 6-Unit Building Offers A Freshly Painted Exterior w/ A Spacious Store Front Utilized As a Successful Hair Salon. 4 More Upgraded Self-Contained Units Above w/ Their Own Design Details Plus A Bachelor Pad. Superb Location With The TTC Conveniently Located At Your Doorstep and All Amenities Nearby! Monthly Rent Received is $10,875 ($130,500 A Year) + The Projected Rent For The Laneway Property Is Approx. $4,000 A Month ($48,000 A Year) In Additional Rent! Sound Financial Opportunity with over $100,000 in Net Operating Income - Don't Delay!! **Projected Construction Budget Available & Seller Has A Construction Team Available** Projected Length of Construction For Laneway House Approx. 5 - 6 Months**.
Location
Province ON
County Toronto
Community Dovercourt-Wallace Emerson-Junction
Area Toronto
Rooms
Family Room No
Basement Finished
Kitchen 5
Interior
Interior Features Other
Cooling None
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 22.0
Lot Depth 120.0
Total Parking Spaces 2
Building
Foundation Poured Concrete
Others
Senior Community No
Read Less Info
Listed by SAM MCDADI REAL ESTATE INC.