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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 $10,545 ($126,540 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**.
City: Toronto
Neighborhood: Dovercourt-Wallace Emerson-Junction
Purchase Price | $2750000 |
Down Payment | $550000 |
Mortgage Insurance | $0 |
Total Mortgage | $2200000 |
Mortgage Payment | $13557 |
Property Taxes | $589 |
Maintenance Fees | $0 |
Monthly Payment | $14146 |
Sold Comparables homes near 1218 Dufferin St, Toronto
Located at 1218 Dufferin St , this Toronto house is available for sale. This property was listed for $2,750,000 on Fri Apr 19 2024. This house's size is 22.00 x 120.00 Feet. It has 5 bedrooms and 6 bathrooms. The property includes the following rooms: Workshop, Kitchen, Living, Br, Kitchen, Living, Br, Kitchen, Br, 2nd Br, Kitchen, Living. This property comes with 2 parking spots. 1218 Dufferin St, Toronto is situated in the Dovercourt-Wallace Emerson-Junction neighbourhood.
MLS#: W8249978 · $2,750,000 · 5 bedroom house in Dovercourt-Wallace Emerson-Junction, Toronto