43 days on Market

1218 Dufferin St, Toronto, Ontario M6H 4C1

Detached
5
6
- sqft
$2,199,000
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$32,985Cashback
Detached
5
6
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$9,444/mo

Tax Amount (2023)$7,072/yr

Days On Market43 days


Description

Expand Your Real Estate Portfolio With This Amazing Turnkey Investment Opportunity! Lucrative Cash Flow In Prime Toronto Location W/ Approved Plans To Construct a 1200 SF Total Laneway House! This Fully Rented 6-Unit Building Offers A Freshly Painted Exterior w/ A Spacious Store Front Utilized As a Successful Hair Salon. 4 More Upgraded Self-Contained Units Above w/ Their Own Design Details Plus A Bachelor Pad. Superb Location With The TTC Conveniently Located At Your Doorstep and All Amenities Nearby! Monthly Rent Received is $10,545 ($126,540 A Year) + The Projected Rent For The Laneway Property Is Approx. $4,000 A Month ($48,000 A Year) In Additional Rent! Sound Financial Opportunity with over $100,000 in Net Operating Income - Don't Delay!!


Property Details

Style3-Storey
View-
Age of property-
SqFt-
Lot Size2,640 SqFt(120 x 22)
Parking Spaces2
MLS ®NumberW10416533
Community NameWallace Emerson
Data SourceTRREB
Listing bySAM MCDADI REAL ESTATE INC.

Features

Heating: Water
Basement: Finished

Upper Floor

Kitchen

3.41 x 2.96

Window / Ceramic Back Splash

Br

3.03 x 3.24

Window / Vinyl Floor

2nd Br

3.86 x 3.23

Vaulted Ceiling / Window / Vinyl Floor

Kitchen

3.36 x 2.38

Closet / Window / Ceramic Back Splash


Features

Lot size: 2,640 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by SAM MCDADI REAL ESTATE INC., Brokerage

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Market Data - Wallace Emerson

Balanced Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

6 days

Compared to

2023

0 day

2022

60 days

2021

30 days

New Listings

Past 30 days

4 listings

Compared to

2023

0 listing

2022

1 listing

2021

0 listing

Units sold

Past 30 days

1 unit

Compared to

2023

0 unit

2022

1 unit

2021

2 units

Median Sold Price

Past 30 days

$1,999,000

Compared to

2022

$1,570,000

2021

$1,897,731


Population and Demographics

Overview

Total population 9151
Average household income $125,166

Age (%)

20 to 34
28%
35 to 49
26%
50 to 64
17%
0 to 19
15%
65 and plus
14%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
1%

Mother tongue (%)

English
63%
Portuguese
15%
Spanish
5%
Yue (Cantonese)
3%
Italian
2%
Vietnamese
2%
French
2%
Others
2%
Mandarin
2%

House tenancy (%)

Renters
50%
Owners
50%

Schools and amenities

Estimated Budget