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Listing photo of 1160 DUFFERIN STREET

Toronto

Toronto

$1,399,000

1160 DUFFERIN STREET, Toronto, M6H4B8

MLS Number: W13755600

Beds

4

Baths

4

Listing

For Sale

Type

Freehold

Square Feet

2,000 - 2,500

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

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1160 DUFFERIN STREET, Toronto, M6H4B8

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Nearby Schools

Schools near 1160 DUFFERIN STREET

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Down Payment

$279,800

Mortgage Amount

$1,119,200

Principal + Interest

$6,471 / mo

5-Year Term Payments

$388,272

Estimated Monthly Carrying Cost

$7,121

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

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