Toronto W03, ON M6H 3L8,1640 Dufferin ST
Toronto W03, ON M6H 3L8,1640 Dufferin ST
Toronto W03, ON M6H 3L8,1640 Dufferin ST
Toronto W03, ON M6H 3L8,1640 Dufferin ST
Toronto W03, ON M6H 3L8,1640 Dufferin ST
Toronto W03, ON M6H 3L8,1640 Dufferin ST
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$ 2,499,990
Est. payment | /mo

6 Beds

8 Baths


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$ 2,499,990
Est. payment | /mo
Save

6 Beds

8 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Corso Italia-Davenport

MLS Listing ID W11982388

Style 3-Storey

Bedrooms 6

Annual Tax Amount $4,442

Tax Year 2024

Property Sub-Type Detached

Property Description

Prime Investment Opportunity! Fully Renovated 5-Plex with High ROI PotentialThis rare offering presents a completely remodelled 5-plex, 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 fully self-contained 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.

Location

Province ON

County Toronto

Community Corso Italia-Davenport

Area Toronto

Rooms

Family Room No

Basement Finished with Walk-Out, Separate Entrance

Kitchen 5

Separate Den/Office 1

Interior

Interior Features None

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 25.0

Lot Depth 120.0

Building

Foundation Poured Concrete

Listed by RE/MAX REALTY SPECIALISTS INC.
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1640 Dufferin ST