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1438A DUFFERIN STREET, Toronto (Dovercourt-Wallace Emerson-Junction) — listed at $2,499,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Offering 5 total units, this exceptional mixed-use commercial/residential property presents an outstanding turn-key investment opportunity in the heart of Dovercourt Village! Welcome to 1438A Dufferin St., thoughtfully updated throughout with modern, high-quality finishes while preserving its original character and charm. The main level features a modern, newly renovated restaurant space complete with a large outdoor patio, complemented by four spacious, updated residential units-including 3 - 1 bedroom apartments and 1 lower-level bachelor each featuring a 3-piece bathroom and wall-mounted A/C unit. Tenants can access a shared second-floor coin-operated laundry facility. Boasting strong current revenue and ROI alongside future development potential, this high-yield asset delivers exceptional value in an unbeatable location with a 94 Walk Score and 81 Transit Score. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,524.77, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes No Garage.
Is there air conditioning?+
Yes — wall unit cooling is in place.
What makes this a luxury property?+
At $2,499,900, standout features include 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Is 1438A DUFFERIN STREET a good fit for a growing family?+
With 3 bedrooms and 6 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Dovercourt-Wallace Emerson-Junction) before counting on it.
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