$1,299,000
Toronto
301 Dupont Street, Toronto (Annex), Ontario, M5R1W1
This multi-family property in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 23 days, fresher than the Toronto average of 58 days.
Ideally situated at Dupont Street and Spadina Road, in Toronto's desirable Annex neighbourhood, this property offers an exceptional blend of urban convenience and neighbourhood charm. Excellent investment opportunity at Dupont Street featuring three fully renovated self-contained apartments, offering multiple income streams and strong rental potential. All three units underwent extensive renovations in 2020, including updated plumbing and electrical systems. Major mechanical upgrades include a new roof in 2018 and a new furnace and air conditioning system in 2025.The property comprises three spacious units: a 2-bedroom, 1-bathroom basement apartment, a 2bedroom, 1-bathroom main-floor apartment, and an upper-level 3-bedroom, 2-bathroom apartment spanning the second and third floors. All bathrooms are full bathrooms. Each apartment is equipped with four kitchen appliances and its own in-unit laundry for added convenience. A turnkey, income-generating property with three established rental units, significant capital improvements, and convenient in-suite amenities. An excellent opportunity for investor seeking immediate rental income and long-term investment potential. Just steps from Dupont subway station, with easy access to TTC transit, the property is surrounded by local cafés, restaurants, shops, and everyday amenities. Enjoy close proximity to the University of Toronto, Casa Loma, and the vibrant Bloor Street shopping district. With convenient access to downtown Toronto and nearby employment, educational, and cultural destinations, this location is highly attractive to students, professionals, and urban residents alike. An outstanding opportunity for investors seeking a multi-unit property in awell-established and sought-after Toronto neighbourhood. Total Annual Rental Income: $97,080 Over 6,3% Cap Rate (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 23 days on market, against an average age of 58 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 4-bed multi-family in Toronto (Annex) has been listed for 23 days, which is 35 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 15.1× the local median household income of $86,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 195% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5R)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.