1078 DOVERCOURT ROAD, TORONTO (DOVERCOURT-WALLACE EMERSON-JUNCTION), ON M6H2X8

Property Description for 1078 DOVERCOURT ROAD

An exceptional opportunity to own a fully turnkey, income-generating, 3-storey triplex with ground-floor commercial space and a separate walk-up basement entrance ideal for investors and end-users alike. With projected market rents of $105,600 annually and the potential to add a basement apartment, this property delivers strong cash flow with significant upside. Offering 4 separate entrances, the layout provides maximum flexibility. The 2nd and 3rd floors each feature fully renovated 3-bedroom apartments, while the ground floor is a commercial-readyspace with soaring 9.5-foot ceilings, pot lights, a back studio, a 3-piece bath, and a powder room. The full basement, complete with its own private entrance, unlocks additional income or expansion potential. As one of the few 3-storey buildings in the area with a usable basement, this property truly maximizes return on investment. Walk-out terraces and rear stair access provide functionality and convenience, while the expansive fenced backyard with a private gate offers a rare outdoor oasis or additional commercial versatility.Situated in one of Toronto's most sought-after West End neighbourhoods, the property is surrounded by a surge of new condo developments and retail growth at Dufferin and Dupont. It's steps to Bloor and St. Clair, minutes to Dufferin Mall and Yorkdale via the Allen, and offers easy access to TTC and the upcoming Eglinton Express Line. Nearby Dovercourt Park, High Park,and top grocery stores including Loblaws, Farm Boy, and FreshCo make everyday living effortless. The Airport Express is also close by, connecting you to Pearson in under 20 minutes. This is a rare chance to acquire a beautifully renovated, meticulously maintained triplex that blends immediate income potential, prime location, and long-term growth.This property will be sold completely vacant allowing the new owner to set all rents at current market value. a true rarity for this kind of property. (id:38686)