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About the Listing 495313 -
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.
Listing Highlights for 1640 Dufferin St
Status
Active
Days on Site
63
Property Type
Residential
MLS ®
W12272972
Year Built
Total Square Footage
2,500
Lot/Acreage
3000
Interior Details
- Bedrooms: 7
- Bathrooms: 8 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished with Walk-Out,Separate Entrance
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
Financial Details
- Tax Amount: $4,442
- Taxes w/Assessments: N/A
- Tax/Property ID: 213160305
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1640 Dufferin St Toronto, ON M6H 3L8
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