Fantastic opportunity to own a textbook example of a wonderful investment property to add to your long-term growth portfolio. This 3-storey semi-detached home with a 130ft+ deep lot is perfectly nestled steps away from the corner of rapidly gentrifying Dovercourt & Bloor. Within arm's reach from a beautifully boutique grocery and coffee shop, minutes from Ossington Station and steps to some of the city's best shops and restaurants. Potential for so much creativity- the main floor and basement as commercial space with a 3-bedroom apartment on the top two floors? Multi-unit residential? Assembly? Use your creativity and imagination! With its substantial lot depth, there's the opportunity to construct a 2-storey 800 sqft+ 2 bedroom laneway house for additional rental income which will push the potential cap rates well into the 7-10% range & subsequently increase the overall value of the property. The laneway house analysis & report was professionally completed by Laneway Housing Advisors
A complete laneway house analysis report is available.
City: Toronto
Neighborhood: Palmerston-Little Italy
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Oct 1, 2022 | N/A | $1,200,000 | N/A | Sold | C5780738 |
| Sep 30, 2022 | 87 | $1,200,000 | N/A | Expired | C5780732 |
| May 24, 2022 | 129 | $1,300,000 | N/A | Expired | C5631634 |
| Jan 17, 2022 | 67 | $1,345,000 | N/A | Terminated | C5474080 |
| Oct 11, 2021 | 98 | $1,395,000 | N/A | Terminated | C5398922 |
| Jun 1, 2020 | 21 | $1,250,000 | $1,190,000 | Sold | C4775992 |
| Mar 15, 2007 | 7 | $379,800 | $369,000 | Sold | C1092714 |
Located at 723 Dovercourt Rd , this Toronto house was listed for $1,300,000. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: . This property comes with 1 parking spots. 723 Dovercourt Rd, Toronto is situated in the Palmerston-Little Italy neighbourhood.
MLS#: C7001408 · $1,300,000 · 4 bedroom house in Palmerston-Little Italy, Toronto