$2,499,990

6 + 1 Bed, 8 Bath, 2,500 ft², 3-Storey home is located near St Clair and Dufferin in Corso Italia-Davenport.

Prime Investment Opportunity! Fully Renovated 5 unit building. This rare offering presents a completely remodelled five-unit property, ideally positioned for investors seeking strong cash flow and long-term value. This property is a lucrative addition to any portfolio with a projected $153,000 in gross rental income and an approximate 5% cap rate. The building features five units, including three spacious 2-bed, 2-bath units (above ground), one 1-bed, 1-bath walkout unit and one bachelor apartment on the lower level. Each unit has been extensively renovated with modern, high-end finishes, including Five brand new kitchens, Eight updated bathrooms featuring sleek glass showers, New drywall, insulation, and energy-efficient pot lights, Updated electrical and plumbing systems, 8-foot ceilings in the basement for added appeal. Additional features include Four separate hot water tanks, four furnaces, and four AC units; two vacant units provide immediate rental income potential or the opportunity for owner-occupancy. Located just steps from the bustling St. Clair Ave, this property is surrounded by an array of trendy restaurants, boutique shops, and coffee spots. With its turnkey condition, strong rental income potential, and prime location, this property offers an exceptional opportunity for a hands-off investor or owner-operator.

1640 Dufferin St, Toronto is a 6 + 1 bedroom, 8 bathroom residential 3-Storey detached home. 1640 Dufferin St, Toronto is conveniently located in the Corso Italia-Davenport neighbourhood of Toronto Ontario. 1640 Dufferin St, Toronto is an MLS®-Listed home with an asking price of $2,499,990. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 1640 Dufferin St, Toronto, the estimated monthly mortgage payment would be $12,080. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 1640 Dufferin St, Toronto are approximately $4,442/year based on 2024 assessment.

This 3-Storey detached home located at 1640 Dufferin St, Toronto features a Brick exterior. The lot size of this West facing property is 25 x 120 feet. The home has Gas fueled Forced Air heating. The living room at main level has hardwood floor, combined w/dining. The kitchen at main level has quartz counter. The bathroom at main level has glass doors. The master bedroom at main level has hardwood floor, closet. The bathroom at main level has 3 pc ensuite. The 2nd bedroom at main level has hardwood floor.