1640 Dufferin Street, Davenport, Toronto (W12272972)

$1,999,999
1640 Dufferin Street
Davenport
Toronto
basic info
6 Bedrooms, 8 Bathrooms
Size: 2,500 sqft
Lot: 3,000 sqft
(25.00 ft X 120.00 ft)
MLS #: W12272972
Property Data
Taxes: $4,442 (2024)
Parking: 0 Parking(s)
Detached in Davenport, Toronto, brought to you by Loree Meneguzzi
Prime Investment Opportunity! Fully renovated 5-unit building. This rare offering presents a completely remodelled five-unit property, ideally positioned for investors seeking strong cash flow and long-term value. This property is a lucrative addition to any portfolio with a $152,400 gross rental income and an approximate 5% cap rate. The building features five units, including three spacious 2-bed, two-bath units (above ground), plus one 1-bed, one-bath unit, and one bachelor apartment on the lower level. Each unit has been extensively renovated with modern, high-end finishes, including five brand-new kitchens, eight updated bathrooms featuring sleek glass showers, New walls, insulation, and energy-efficient pot lights, updated electrical and plumbing systems, a new roof, and underpinning that provides an 8-foot ceiling in the basement for added appeal. Additional features include four separate hot water tanks, four furnaces, and four AC units. Located just steps from the bustling St. Clair Ave, this property is surrounded by an array of trendy restaurants, boutique shops, and coffee spots. With its turnkey condition, strong rental income potential, and prime location, this property offers an exceptional opportunity for a hands-off investor or owner-operator.
Listed by RE/MAX REALTY SPECIALISTS INC..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
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specifications
type: | Detached |
style: | 3-Storey |
taxes: | $4,442 (2024) |
bedrooms: | 6 |
bathrooms: | 8 |
frontage: | 25.00 ft |
lot: | 3,000 sqft |
sqft: | 2,500 sqft |
parking: | 0 Parking(s) |











































