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$1,990,000
Toronto
1440 DUFFERIN Street, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3L2
This multi-family property in Toronto is for sale offering roughly 2,250 sq ft of space.
Prominently positioned on a generous 22 x 120 ft corner lot at Dufferin Street and Chandos Avenue, this detached brick property presents an attractive multi-residential investment opportunity in Toronto's vibrant Junction-Wallace Emerson neighbourhood. The property features a three-bedroom main-floor residence, a two-bedroom second-floor residence, and basement space currently arranged and occupied as a one-bedroom living area and a bachelor living area. All existing tenancies are month-to-month, providing established rental income. Additional highlights include six-car parking and a substantial detached three-car garage. Ideally located steps from Geary Avenue's popular restaurants, craft breweries, cafés, shops and creative spaces, and close to the growing Galleria on the Park community and Toronto's ongoing Green Line network of parks and connected green spaces. Convenient access to neighbourhood parks, shopping and public transit. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 56 days across the listings currently for sale in this city
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.
This 6-bed multi-family 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?
Approximate location — exact address confirmed upon showing
This home lists at $1,990,000, about 24.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $388,717 (20% down, 25-yr amortization, stress-tested) — roughly 368% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice