REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,399,000
Est. payment | /mo
5 Baths
2,390 SqFt
$ 1,399,000
Est. payment | /mo
5 Baths
2,390 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,390 sqft
Price per Sqft $585
Municipality Toronto W02
Subdivision Dovercourt-Wallace Emerson-Junction
MLS Listing ID W13755630
Annual Tax Amount $8,295
Tax Year 2025
Lot Size 2,249 Sqft
Property Sub-Type Investment
Property Description
Renovate or build: two great options for this highly visible corner property in Toronto's West Junction-Wallace area. Take advantage of the existing 4-unit building: 1 commercial and 3-Residential units, and renovate them for higher rental yields with an anticipated 8% leveraged return OR, benefit from Toronto's Major Street Initiative and create a design-build option for purpose-built multi-residential apartments. The property features a 425 sq. ft. main-floor commercial unit and three residential apartments located on the rear and upper levels. This well-maintained building offers almost 2,400 sq. ft. of above-grade space, with a flexible and income-friendly unit mix of two one-bedroomapartments and onethree-bedroom apartment. Nestled in a desirable, transit-oriented location just minutes from Dufferin Station, the property benefits from strong rental demographics, excellent connectivity, and an impressive Walk Score of 88. Conveniently located near shops, restaurants, a community centre, and schools. The seller is a Registered Real Estate Agent (RREA).
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Zoning R(d0.6*740)
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Community Features Major Highway, Public Transit
Utilities Available Yes
Building
Lot Description Lot
Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "