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.**Commercial unit is leased until Dec 2027. Second level apartment is on a month to month lease**
MLS# | W12047591 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 24 |
Listing Provided By | SAM MCDADI REAL ESTATE INC. | W12047591 193800 |
SQ Feet | 2,383 |
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Acreage | 0.05 |
Province | ON |
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County | Toronto |
City | Toronto W02 |
Postal Code | M6H 4C1 |
Area | Dovercourt Wallace Emerson Junction |
Listing VS Median (In M6H 4C1) | |
Price: $1,888,000 low | high Med: $1,888,000 SqFt: 2,383 low | high Med: 2,383 $ / SqFt: $792 low | high Med: $792 On site: 24 low | high Med: 24.000000 |