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1160 Dufferin Street, Toronto, ON M6H 4B8
Toronto W02, ON M6H 4B8
About this property
Renovate or build, two great options for this highly visible corner property in Toronto's West Junction-Wallace area. Take advantage of theexisting 4-unit building: 1-Commercial and 3-Residential units, and renovate them for higher rental yields with an anticipated 8% leveraged returnOR, benefit from Toronto's Major Street Initiative and create a design-build option for purpose-built multi-residential apartments. The propertyfeatures a 425 sq. ft. main-floor commercial unit and three residential apartments located on the rear and upper levels. This well-maintainedbuilding offers almost 2,400 sq. ft. of above-grade space, with a flexible and income-friendly unit mix of two one-bedroom apartments and onethree-bedroom apartment. Nestled in a desirable, transit-oriented location just minutes from Dufferin Station, the property benefits from strongrental demographics, excellent connectivity, and an impressive Walk Score of 88. Conveniently located near shops, restaurants, a communitycentre, and schools. Seller is a Registered Real Estate Agent (RREA).