$2,499,900

For sale

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1438A Dufferin Street, Toronto (Dovercourt-Wallace Emerson-Junction) - Retail for Sale

1438A Dufferin Street, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3L1

3,440 ft²15 × 120 ft (1,773 sq ft) lot sizeListed 62 days ago

Overview

This retail property in Toronto is for sale offering roughly 3,440 sq ft of space.

Retail Space for Sale in Toronto →All real estate in Toronto →

Description

Offering 5 total units, this exceptional mixed-use commercial/residential property presents an outstanding turn-key investment opportunity in the heart of Dovercourt Village! Welcome to 1438A Dufferin St., thoughtfully updated throughout with modern, high-quality finishes while preserving its original character and charm. The main level features a modern, newly renovated restaurant space complete with a large outdoor patio, complemented by four spacious, updated residential units-including 3 - 1 bedroom apartments and 1 lower-level bachelor each featuring a 3-piece bathroom and wall-mounted A/C unit. Tenants can access a shared second-floor coin-operated laundry facility. Boasting strong current revenue and ROI alongside future development potential, this high-yield asset delivers exceptional value in an unbeatable location with a 94 Walk Score and 81 Transit Score. (id:66096)

Property Details

MLS®: W13740226
Property Type: Retail
Zoning: R(d0.6*739)
Interior Size: 3,440 ft²
Lot Size: 15 × 120 ft (1,773 sq ft)
Frontage: 15 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $9,524.77/yr
Listed: 62 days ago

Features

Appliances: Dishwasher, Microwave, Window Coverings

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Toronto (Dovercourt-Wallace Emerson-Junction) listings, avg age

56d

Price / ft²

$727

List price

$2.50M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This retail in Toronto (Dovercourt-Wallace Emerson-Junction) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by REAL BROKER ONTARIO LTD. · PAUL ACRI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6H)

This home lists at $2,499,900, about 30.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $488,318 (20% down, 25-yr amortization, stress-tested) — roughly 488% above the area median.

Median household income: $83,000
Population: 43,730
Median age: 38.4
Owner / renter: 49% / 52%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6H)

$2,499,900· $727/ft²

For sale

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Financing

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