1218 DUFFERIN STREET

Toronto (Dovercourt-Wallace Emerson-Junc

,

Ontario

M6H4C1
$2,199,000
5 beds, 6 baths, 4 kitchens
Single Family

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!! **** EXTRAS **** **Projected Construction Budget Available & Seller Has A Construction Team Available** Projected Length of Construction For Laneway House Approx. 5 - 6 Months**. (id:6355)

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