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Home for Sale

3-Storey, Semi-Detached

Palmerston-Little Italy, Toronto M6H 2W7

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3-Storey, Semi-Detached
4 + 0 Beds, 2 Baths
1500-2000 Approx Sq. Footage
Location: 723 Dovercourt Rd, Toronto M6H 2W7
Community: Palmerston-Little Italy
Cross Street: Dovercourt Rd & Bloor St West
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
Property Features: Library   Park   Place Of Worship   Public Transit   Rec Centre   School
Extras: A complete laneway house analysis report is available. Inquire to receive a copy.
Assessment 832000 Assessment Year 2023
Taxes: $5543.4 / 2023
Days On Market:
List Updated 2024-02-18
MLS# C7386518
Courtesy: Re/max Ultimate Realty Inc.
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723 Dovercourt Rd, Toronto

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