$2,750,000Asking Price
1218 Dufferin St
Wallace Emerson, Toronto
Expand Your Real Estate Portfolio With This Amazing Turnkey Investment Opportunity! Lucrative Cash Flow In Prime Toronto Location W/ Approved Plans To Construct a 1200 SF Total Laneway House! This Fully Rented 6-Unit Building Offers A Freshly Painted Exterior w/ A Spacious Store Front Utilized As a Successful Hair Salon. 4 More Upgraded Self-Contained Units Above w/ Their Own Design Details Plus A Bachelor Pad. Superb Location With The TTC Conveniently Located At Your Doorstep and All Amenities Nearby! Monthly Rent Received is $10,545 ($126,540 A Year) + The Projected Rent For The Laneway Property Is Approx. $4,000 A Month ($48,000 A Year) In Additional Rent! Sound Financial Opportunity with over $100,000 in Net Operating Income - Don't Delay!!
Expand Your Real Estate Portfolio With This Amazing Turnkey Investment Opportunity! Lucrative Cash Flow In Prime Toronto Location W/ Approved Plans To Construct a 1200 SF Total Laneway House! This Fully Rented 6-Unit Building Offers A Freshly Painted Exterior w/ A Spacious Store Front Utilized As a Successful Hair Salon. 4 More Upgraded Self-Contained Units Above w/ Their Own Design Details Plus A Bachelor Pad. Superb Location With The TTC Conveniently Located At Your Doorstep and All Amenities Nearby! Monthly Rent Received is $10,545 ($126,540 A Year) + The Projected Rent For The Laneway Property Is Approx. $4,000 A Month ($48,000 A Year) In Additional Rent! Sound Financial Opportunity with over $100,000 in Net Operating Income - Don't Delay!!
See MoreKey Info
- 3-Storey Detached
- 2-Car Laneway Driveway
- No Garage
- Dufferin St/Hallam St
- Finished Basement
- 5 Kitchens
- Water Gas Heating
- No A/C
Property
- Lot Size 22 x 120 Feet
- Brick Exterior
- Taxes were $7,072 in 2023
- Possession: 60/90/TBD
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W8249978
- SAM MCDADI REAL ESTATE INC.
Extras
- **Projected Construction Budget Available & Seller Has A Construction Team Available** Projected Length of Construction For Laneway House Approx. 5 - 6 Months**.
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Upper | 11.02' x 7.81' | Closet, Window, Ceramic Back Splash |
| 2 | Living Room | Upper | 9.45' x 8.53' | Picture Window, Vaulted Ceiling, Vinyl Floor |
| 3 | Bedroom | Upper | 11.02' x 7.81' | Window, Vinyl Floor |
| 4 | Kitchen | Upper | 7.74' x 9.55' | O/Looks Living, Cork Floor |
| 5 | Living Room | Upper | 10.83' x 15.19' | Open Concept, Window, Hardwood Floor |
| 6 | Bedroom | Upper | 12.70' x 15.19' | Closet, Large Window, Hardwood Floor |
| 7 | Kitchen | Upper | 11.19' x 9.71' | Window, Ceramic Back Splash |
| 8 | Bedroom | Upper | 9.94' x 10.63' | Window, Vinyl Floor |
| 9 | 2nd Bedroom | Upper | 12.66' x 10.60' | Vaulted Ceiling, Window, Vinyl Floor |
| 10 | Kitchen | Lower | 10.43' x 7.35' | Side Door, Backsplash, Tile Floor |
| 11 | Living Room | Lower | 9.81' x 13.58' | 3-PieceBath, Closet, Tile Floor |
 | 1 2-Piece Bathroom | |||
| 4 3-Piece Bathrooms | |||
| 1 4-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Wallace Emerson, Toronto is a west Toronto neighbourhood notable for its singles, renters, education, law & public sector and arts & culture professionals, salespeople and tradespeople. It has a higher than average population of immigrants from Portugal, and Portuguese speakers. Residents tend to be younger with a significant number of adults aged 25 to 44.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
53%
of residents are
single and loving it.
53% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
56%
of residents
are renters.
56% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
44%
of residents are
university grads.
44% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$96K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 20% |
| Government | 10% |
| Business | 9% |
| Trades | 9% |
| Management | 7% |
Immigrants
42%
of residents were
born outside of Canada.
42% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
8.9% from Portugal
All-time
Birthplace - Recent
0.9% from India
Recent
Foreign Languages
Foreign Languages
| Portuguese | 15% |
| Spanish | 4% |
| Cantonese | 2% |
| Vietnamese | 2% |
| French | 2% |
Religions
Religions
| Christian | 59% |
| Muslim | 5% |
| Buddhist | 3% |
| Hindu | 3% |
| Jewish | 2% |
Social Housing
Social Housing Buildings
7
Social housing buildings
in the neighbourhood.
Shelters
Shelters
2
Homeless shelters in
the neighbourhood.
