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$1,799,900
Toronto
725 Dovercourt Road, Toronto (Palmerston-Little Italy), Ontario, M6H2W7
This multi-family property in Toronto is for sale offering roughly 2,250 sq ft of space.
Discover this professionally maintained mixed-use corner gem at Bloor & Dovercourt, offering both stability and growth potential.The property features one ground-level commercial unit with unbeatable corner exposure and constant foot traffic, along with ample parking options ideal for maximizing visibility and rental income. Main floor leased for 5 years with a +5-year option.Above, the second and third floors are thoughtfully laid out with four rental units, ensuring strong demand in this high-traffic,high-demand location. Situated in the heart of Little Italy, the building benefits from a vibrant neighbourhood known for its charismatic character, lively nightlife, and excellent transit options.This rare opportunity combines location, exposure, and consistent rental appeal, making it a must-have for investors and end users alike. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 114 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 multi-family in Toronto (Palmerston-Little Italy) 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 $1,799,900, about 21.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $351,583 (20% down, 25-yr amortization, stress-tested) — roughly 324% 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