FOR SALE
$2,550,000
1218 Dufferin St, Toronto
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
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1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
1218 Dufferin St
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1218 Dufferin St
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5
BEDROOMS
6
BATHROOMS
5
KITCHENS
17
ROOMS
W8434946
MLSID
Contact Us
Property Description
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!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-18 2024-06-12 55 $2,750,000 - Terminated
2023-09-05 2023-11-16 72 $2,749,000 - Expired
2021-03-12 2021-03-29 16 $1,399,888 $1,399,000 Sold
2019-05-23 2019-07-24 62 $1,449,000 - Terminated
Extras
**Projected Construction Budget Available & Seller Has A Construction Team Available** Projected Length of Construction For Laneway House Approx. 5 - 6 Months**.
Nearby Intersections
Property Features
Public Transit
Property Details
Property Type
Detached, 3-Storey
Lot Size
22' x 120'
Fronting
East
Taxes
$7,072 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
WorkshopMain10.60' x 8.04'2 Pc Bath, Open Concept, Vinyl Floor
KitchenUpper7.81' x 11.02'Closet, Window, Ceramic Back Splash
LivingUpper8.53' x 9.45'Picture Window, Vaulted Ceiling, Vinyl Floor
BrUpper7.81' x 11.02', Window, Vinyl Floor
KitchenUpper9.55' x 7.74', O/Looks Living, Cork Floor
LivingUpper15.19' x 10.83'Open Concept, Window, Hardwood Floor
BrUpper15.19' x 12.70'Closet, Large Window, Hardwood Floor
KitchenUpper9.71' x 11.19', Window, Ceramic Back Splash
BrUpper10.63' x 9.94', Window, Vinyl Floor
2nd BrUpper10.60' x 12.66'Vaulted Ceiling, Window, Vinyl Floor
KitchenLower7.35' x 10.43'Side Door, Backsplash, Tile Floor
LivingLower13.58' x 9.81'3 Pc Bath, Closet, Tile Floor
Toronto Market Statistics
Toronto Price Trend
1218 Dufferin St is a 5-bedroom 6-bathroom home listed for sale at $2,550,000, which is $705,903 (21.7%) lower than the average sold price of $3,255,903 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $543,880 (20.1%) compared to the previous 30 day period (May 7 - June 5) and up $522,353 (19.1%) from the same time one year ago.
Inventory Change
There were 173 5-bedroom homes listed in Toronto over the last 30 days (June 6 - July 5), which is down 21.4% compared with the previous 30 day period (May 7 - June 5) and up 28.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($76,330) (2.3%) below asking price over the last 30 days (June 6 - July 5), which represents a $88,017 decrease compared to the previous 30 day period (May 7 - June 5) and ($2,407) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Toronto over the last 30 days (June 6 - July 5) stood at 34.1%, down from 35.9% over the previous 30 days (May 7 - June 5) and down from 65.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (June 6 - July 5), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sam Mcdadi Real Estate Inc.
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