1798 DUFFERIN STREET|Toronto (Corso Italia-Davenport), Ontario M6E3P4

MLS Number: W12165208

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: N/A • Bathrooms: 3 • Building Type: Multi-Family • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: Turnkey Cash Flow With Laneway Bonus... This Is The One Youve Been Waiting For! A Stunning, Massive, Character-Rich Triplex In Prime Corso Italia, Operating As 4 Self-Contained Units Across 2.5 Storeys. Over 3200sf of Living Space! All Fully Tenanted And Generating A Rock-Solid $8,540/Month In Gross Rent. Turnkey 5.8% Cap Rate w/ Big Upside Potential On Rents. This Property Delivers Function, Income, And Flexibility In Spades. Commitee Approved Laneway Suite, Just Get Your Permit & Build, This Is A Rare Opportunity To Push The Property Into CMHC Mutlifamily Financing For Some Big Value Lift & Strong Financing. Each Unit Has Been Well Maintained With Modern Touches While Retaining The Buildings Original Charm. High Ceilings, Large Windows, And That Classic Toronto Brick Aesthetic. This Is A Perfect Option For Investors Seeking Cash Flow From Day One With The Bonus Of Strategic Upside Through Repositioning Or Redevelopment. Whether You Hold As-Is Or Upgrade Over Time, This Is A Beautiful Building With Solid Bones And Serious Potential. New Roof (2024) (40514850)

Agent Information: • Agents: PHIL GARDNER; SIMON LA • Contact: 416-889-2222; 416-889-2222 • Brokerage: ELEVATE REALTY INC.; ELEVATE REALTY INC. • Website: HTTP://www.elevatepartners.ca; HTTP://www.elevatepartners.ca

Time on Realtor: N/A