1640 Dufferin Street

Toronto, ON M6H 3L8 ( Corso Italia-Davenport)

Quick Facts

Type: Detached

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 4,442 ( 2024)

Updated: 2025-07-31 14:44:21

Description

Prime Investment Opportunity! Fully renovated 5-unit building. This rare offering presents a completely remodelled five-unit property, ideally positioned for investors seeking strong cash flow and long-term value. This property is a lucrative addition to any portfolio with a $152,400 gross rental income and an approximate 5% cap rate. The building features five units, including three spacious 2-bed, two-bath units (above ground), plus one 1-bed, one-bath 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 walls, insulation, and energy-efficient pot lights, updated electrical and plumbing systems, a new roof, and underpinning that provides an 8-foot ceiling in the basement for added appeal. Additional features include four separate hot water tanks, four furnaces, and four AC units. 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.

Extras

Detached

Property

Status: For Sale

MLS #: W12272972

Price: $ 1,999,999

Address: 1640 Dufferin Street

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 4,442

Tax Year: 2024

Lot Size:

Neighbourhood: Corso Italia-Davenport

Nearest Intersection: St Clair and Dufferin

City: Toronto

Postal Code: M6H 3L8

DOM: 2 Days

Last Update: 2025-07-31 14:44:21

Building

Interior

Bedrooms: 7

Bathrooms: 8

Rooms: 0

Kitchens: 5

Family Room:

Fireplace:

Basement: Finished with Walk-Out Separate Entrance,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage:

Garage Spaces:

Parking Spaces: 0.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

Features

Rooms