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Wallace Emerson

1212 DUFFERIN STREET

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5 days ago

$1,888,000

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1212 DUFFERIN STREET
Toronto (Dovercourt-Wallace Emerson-Junction), Ontario M6H4C1

MLS^® Number: W12047591

Listing Description

Introducing a prime investment opportunity in the heart of Dovercourt Village with the TTC and all amenities at your doorstep. Thriving 'Home & Hardware' business occupies the main level (partially renovated in 2023!). The second level consists of a 2-bedroom apartment with great size living space, a 3pc bath, and private access to a large deck. Laneway parking provided for the commercial unit. Monthly rent received is $7,750 which amounts to $93,000 per year and tenants are responsible for virtually all the utilities and insurance resulting in an incredible Net Operating Income of $85,000. Superb location and investment potential! Building also boasts a basement, which is currently utilized by the commercial unit.**Commercial unit is leased until Dec 2027. Second level apartment is on a month to month lease** (40135461)