2 Months Ago

$1,499,900Asking Price

1798 Dufferin Street, Toronto, ON M6E 3P4

Earlscourt - Corso Italia, Toronto

Triplex
6 + 1
Bedrooms
5
Baths
4
Parking
Days on Market

Turnkey Cash Flow With Laneway Bonus... This Is The One Youve Been Waiting For! A Stunning, Massive, Character-Rich Triplex In Prime Corso Italia, Operating As 4 Self-Contained Units Across 2.5 Storeys. Over 3200sf of Living Space! All Fully Tenanted And Generating A Rock-Solid $8,540/Month In Gross Rent. Turnkey 5.8% Cap Rate w/ Big Upside Potential On Rents. This Property Delivers Function, Income, And Flexibility In Spades. Commitee Approved Laneway Suite, Just Get Your Permit & Build, This Is A Rare Opportunity To Push The Property Into CMHC Mutlifamily Financing For Some Big Value Lift & Strong Financing. Each Unit Has Been Well Maintained With Modern Touches While Retaining The Buildings Original Charm. High Ceilings, Large Windows, And That Classic Toronto Brick Aesthetic. This Is A Perfect Option For Investors Seeking Cash Flow From Day One With The Bonus Of Strategic Upside Through Repositioning Or Redevelopment. Whether You Hold As-Is Or Upgrade Over Time, This Is A Beautiful Building With Solid Bones And Serious Potential. New Roof (2024)

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Turnkey Cash Flow With Laneway Bonus... This Is The One Youve Been Waiting For! A Stunning, Massive, Character-Rich Triplex In Prime Corso Italia, Operating As 4 Self-Contained Units Across 2.5 Storeys. Over 3200sf of Living Space! All Fully Tenanted And Generating A Rock-Solid $8,540/Month In Gross Rent. Turnkey 5.8% Cap Rate w/ Big Upside Potential On Rents. This Property Delivers Function, Income, And Flexibility In Spades. Commitee Approved Laneway Suite, Just Get Your Permit & Build, This Is A Rare Opportunity To Push The Property Into CMHC Mutlifamily Financing For Some Big Value Lift & Strong Financing. Each Unit Has Been Well Maintained With Modern Touches While Retaining The Buildings Original Charm. High Ceilings, Large Windows, And That Classic Toronto Brick Aesthetic. This Is A Perfect Option For Investors Seeking Cash Flow From Day One With The Bonus Of Strategic Upside Through Repositioning Or Redevelopment. Whether You Hold As-Is Or Upgrade Over Time, This Is A Beautiful Building With Solid Bones And Serious Potential. New Roof (2024)

Key Info

  • 2.5-Storey Triplex
  • 4 Parking
  • No Garage
  • Dufferin & St Clair
  • 2000-2500 Approximate Sq Feet
  • No Ensuite Laundry
  • Radiant Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $5,314 in 2024
  • Possession: Flex

Details

  • Brick Exterior
  • No Fireplace
  • 4 + 1 Kitchens
  •  
  • MLS #W12165035
  • ELEVATE REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 9.19' x 9.19' Ceramic Floor, Granite Counters
Washroom3 3-Piece Bathrooms
Washroom2 4-Piece Bathrooms

Who lives here?

Earlscourt - Corso Italia, Toronto is a central Toronto neighbourhood notable for its salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Italy and Portugal, and Italian, Spanish and Portuguese speakers. Residents tend to be older with a significant number of adults aged 30 to 59.

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BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

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48% of residents are
single and loving it.

48% singles

Toronto (50%)
Gta (45%)

Renters

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32% of residents
are renters.

32% renters

Toronto (47%)
Gta (33%)

Education

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30% of residents are
university grads.

30% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$107K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Sales 17%
Trades 13%
Business 8%
Government 8%
Management 6%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

48% of residents were
born outside of Canada.

48% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

Portugal was once home to 15.6% of immigrants.
Italy 7.0%
Caribbean 3.2%
Philippines 2.7%
Brazil 2.2%

15.6% from Portugal
All-time

Birthplace - Recent

Other South America was once home to 0.4% of immigrants.
Philippines 0.3%
Brazil 0.2%
Central Africa 0.2%
Columbia 0.2%

0.4% from Other South America
Recent

Foreign Languages

Foreign Languages

Portuguese 23%
Italian 9%
Spanish 8%
Vietnamese 2%
Tagalog 2%

Religions

Religions

Christian 73%
Buddhist 4%
Muslim 2%
Hindu 2%
Jewish 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)