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** (id:60365)
MLS® Number | W12176664 |
Property Type | Retail |
Community Name | Dovercourt-Wallace Emerson-Junction |
AmenitiesNearBy | Public Transit |
Appliances | Dishwasher, Dryer, Hood Fan, Washer |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeExterior | 2383.5 Sqft |
SizeInterior | 2384 Sqft |
Type | Residential Commercial Mix |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Public Transit |
SizeDepth | 113 Ft ,6 In |
SizeFrontage | 26 Ft ,9 In |
SizeIrregular | Bldg=26.83 X 113.52 Ft |
SizeTotalText | Bldg=26.83 X 113.52 Ft |
ZoningDescription | R(d0.6*740) |
Sam Allan Mcdadi
Salesperson