1640 Dufferin St
Corso Italia-Davenport, Toronto, M6H 3L8
FOR SALE
$2,499,990
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
6 + 1
BEDROOMS8
BATHROOMS3 + 2
KITCHENS18 + 6
ROOMSW11982388
MLSIDContact Us
Property Description
Prime Investment Opportunity! Fully Renovated 5-Plex with High ROI PotentialThis rare offering presents a completely remodelled 5-plex, ideally positioned for investors seeking strong cash flow and long-term value. This property is a lucrative addition to any portfolio with a projected $153,000 in gross rental income and an approximate 5% cap rate. The building features five fully self-contained units, including Three spacious 2-bed, 2-bath units (above ground), One 1-bed, 1-bath walkout unit and One bachelor apartment on the lower level. Each unit has been extensively renovated with modern, high-end finishes, including Five brand new kitchens, Eight updated bathrooms featuring sleek glass showers, New drywall, insulation, and energy-efficient pot lights, Updated electrical and plumbing systems, 8-foot ceilings in the basement for added appeal. Additional features include Four separate hot water tanks, four furnaces, and four AC units; two vacant units provide immediate rental income potential or the opportunity for owner-occupancy. Located just steps from the bustling St. Clair Ave, this property is surrounded by an array of trendy restaurants, boutique shops, and coffee spots. With its turnkey condition, strong rental income potential, and prime location, this property offers an exceptional opportunity for a hands-off investor or owner-operator.
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-20 | 2024-11-29 | 70 | $2,950 | - | Suspended |
| 2024-09-20 | 2024-10-21 | 31 | $2,950 | $2,950 | Leased |
Nearby Intersections
St Clair & Dufferin (18)
Call
Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
25' x 120'
Fronting
West
Taxes
$4,442 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Garage Type
None
Call
Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.55' x 16.08' | Hardwood Floor, Combined W/Dining |
| Kitchen | Main | 9.19' x 8.86' | Quartz Counter |
| Bathroom | Main | 3.94' x 7.81' | Glass Doors |
| Prim Bdrm | Main | 9.19' x 9.12' | Hardwood Floor, Closet |
| Bathroom | Main | 4.23' x 10.27' | 3 Pc Ensuite |
| 2nd Br | Main | 8.99' x 11.06' | Hardwood Floor |
Call
Toronto Market Statistics
Toronto Price Trend
1640 Dufferin St is a 6-bedroom 8-bathroom home listed for sale at $2,499,990, which is $850,618 (51.6%) higher than the average sold price of $1,649,372 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 6 bedroom home in Toronto declined by $630,628 (27.7%) compared to the previous 30 day period (December 22 - January 20) and down $683,628 (29.3%) from the same time one year ago.Inventory Change
There were 24 6-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 41.2% compared with the previous 30 day period (December 22 - January 20) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($138,427) (8.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $81,573 increase compared to the previous 30 day period (December 22 - January 20) and ($82,500) 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 6-bedroom homes in Toronto over the last 30 days (January 21 - February 19) stood at 20.8%, up from 5.9% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 8-bathroom home in Toronto stood at 73 days when successfully sold over the last 30 days (January 21 - February 19), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
Similar Listings
Don't miss this rare opportunity to own a meticulously maintained, legal 6-plex in one of Toronto's most sought-after neighbourhoods. This income-generating property features six one-bedroom units, three of which are enhanced by charming fireplaces, plus a separate office space in the basement. This property is truly hassle-free investment with significant growth potential. Perfect for investors or owner-users seeking a dependable, income-generating property in a prime Neighbourhood. Do no miss out and let this pass you by! Right-Of-Way Driveway to ample surface parking spaces at rear of property; Seven Hydro Meters, Tenants responsible for Hydro, No gas on property and Additional revenue from coin laundry.
Call
A Custom Built 5+1 Bdrm Custom Home On A Conveniently Located In Best Part Of Agincourt On A Prime 40.5x130.11 Feet Pie Lot! 5 Years New. Apprx. 6000+ sft living space. Open concept with large windows. Hardwood floor throughout. 12' ft Ceilings On The Main Floor .Modern Kitchen With a Big Centre Island . 2nd Floor 10' ft Ceiling with 5 ensuite bedrooms . Finished walk-up basement with big kitchen, large dinner area, bedroom & theater. 6th Bedrooms With A Full Bathroom .Walking distance to banks, supermarket, restaurants, TTC & more.
Call
Call