742 DUFFERIN STREET
Toronto (Dufferin Grove), Ontario
MLS® C13763020
$1,299,900
- Status
- Active
- Property type
- House
- MLS® number
- C13763020
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- —
1 / 50Listing description
Excellent investment opportunity with cash flow! This well-maintained semi-detached building is a multi-use property that offers generous space in each of the 3 units, a flexible layout and private laundry in 2 of the units. It is ideal for investors looking to maximize rental income and long-term value, and, in addition to helping offset mortgage and expenses, keeping all 3 units rented.
Some of the options are to live in one unit while renting out the others or use the parking lot for a potential extension of an additional 3 rental units (subject to municipal approvals and permits). With 3 parking spaces at the rear, this property is conveniently located within walking distance of the subway station and is a 5-minute walk from Dufferin Mall. It is in the heart of restaurants, grocery stores, schools and everyday amenities, while being a very short distance from Downtown/Toronto.
There is the convenience of public transit at your door, located at the intersection of Dufferin and College, major streets. Conveniently, at the rear of the building, you also have public parking for your guests or clients. With this excellent location, versatile layout, multiple income possibilities and future development potential, this is a fantastic location opportunity for investors seeking to live and have your business at the same location or for investment that will provide you with cash flow, equity growth and long-term appreciation.
Don't miss this great opportunity to obtain a property which offers various options for investment returns.
Property summary
- MLS® number
- C13763020
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 16.9 x 100.1 FT ; 100.24Ft. X 17.87Ft. X 100.13Ft. X 16.92
- Annual property taxes
- $5,524.64
- Parking
- 3 spaces · No Garage
- Days on market
- 6 days
Features & details
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas
- Basement
- Finished, N/A
- Flooring
- Laminate
- Appliances
- Dryer, Two stoves, Two Washers, Two Refrigerators
- Exterior features
- Brick
What would this home cost you?
Based on the $1,299,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX METROPOLIS REALTY, MARKHAM.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.