1587 Dufferin Street

CAD 1,388,000
For Sale

Property Details

Bedrooms

5

Bathrooms

3

Property Type

Owner

Description

This substantial 2.5-storey detached residence represents a premier acquisition opportunity within the sought-after Corso Italia-Davenport enclave. Defined by its functional versatility, the property features a strategic layout including a separate basement entrance and an expansive third-floor loft, offering an immediate pathway to maximize rental yields. Investors can anticipate a gross potential income exceeding $6000 per month by optimizing the home into three self-contained suites. Beyond its current income-generating capacity, the property is situated on an exceptional 32 x 120-foot lot, providing a significant footprint for a future high-end rebuild or custom architectural expansion. Recently updated with a new roof (2023) and fresh interior paint, this asset combines turnkey stability with long-term development potential, all while being steps from the transit corridors and cultural landmarks of St. Clair West.

Location

Address

1587 Dufferin Street

City

Toronto

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