
Palmerston-Little Italy, Toronto
Sold$1,200,0004 bed · 2 bath · 1 parking
It is no longer on the market, so there is nothing to view here. The page stays up because the property is part of our record of work, and because the question it usually prompts is a good one: if this was the kind of thing you were looking for, ask — we know what else is about to come up, and what one like it is actually selling for.
Off the market since March 2024.
Fantastic opportunity to own a textbook example of a wonderful investment property to add to your long-term growth portfolio. This 3- storey semi-detached home with a 130ft+ deep lot is perfectly nestled steps away from the corner of rapidly gentrifying Dovercourt & Bloor. Within arm's reach from a beautifully boutique grocery and coffee shop, minutes from Ossington Station and steps to some of the city's best shops and restaurants. Potential for so much creativity- the main floor and basement as commercial space with a 3-bedroom apartment on the top two floors? Multi-unit residential? Assembly? Use your creativity and imagination! With its substantial lot depth, there's the opportunity to construct a 2-storey 800 sqft+ 2 bedroom laneway house for additional rental income which will push the potential cap rates well into the 7-10% range & subsequently increase the overall value of the property. The laneway house analysis & report were professionally completed by Laneway Housing Advisors
The pin marks the building, not the suite.
DirectionsMLS® C7386518 · Listed by Alex Balikoti, Right at Home Realty, Brokerage