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Fantastic opportunity to own a textbook example of a wonderful investment property to add to your long-term growth portfolio. This 3-storey semi-detached home with a 130ft+ deep lot is perfectly nestled steps away from the corner of rapidly gentrifying Dovercourt & Bloor. Within arm's reach from a beautifully boutique grocery and coffee shop, minutes from Ossington Station and steps to some of the city's best shops and restaurants. Potential for so much creativity- the main floor and basement as commercial space with a 3-bedroom apartment on the top two floors? Multi-unit residential? Assembly? Use your creativity and imagination! With its substantial lot depth, there's the opportunity to construct a 2-storey 800 sqft+ 2 bedroom laneway house for additional rental income which will push the potential cap rates well into the 7-10% range & subsequently increase the overall value of the property. The laneway house analysis & report was professionally completed by Laneway Housing Advisors. **** Extras **** 725 Dovercourt Rd is also for sale (MLS C6744214) presenting a great opportunity for an assembly. Please contact the agent for the copy of the laneway house analysis & report.
725 Dovercourt Rd is also for sale (MLS C6744214) presenting a great opportunity for an assembly. Please contact the agent for the copy of the laneway house analysis & report.
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Property Details
| Property Type | Semi-Detached |
|---|---|
| Property Style | 3-Storey |
| Square Feet | 1500-2000 |
| Property Tax | $5,543 |
| Maintenance | N/A |
| Days On Our Website | 16 |
| Basement | Full - Part Fin |
| Kitchens | 1 |
| Garages | 0.0 |
| Lot Dimensions | 12.00 x 132.00 |
| Pool | None |
| Area | Toronto |
| Fireplaces | N |
| Air Conditioning | Central Air |
| Heating | Gas - Forced Air |
| Exterior | Brick |
| Garage Type | None |
| Sewers | Sewers |
| Water | Municipal |
Room Information
| Floor | Room | Dimensions | Description |
Bathroom Information
| Floor | Description |
| 2nd | 1 x 4 piece |
| Bsmt | 1 x 4 piece |
Listing Office: RE/MAX ULTIMATE REALTY INC.
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