1160 Dufferin Street, Toronto, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 5 Bathrooms
- Premium 22.08 x 106 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient radiant heating
Description
Renovate or build, two great options for this highly visible corner property in Toronto's West Junction-Wallace area. Take advantage of theexisting 4-unit building: 1-Commercial and 3-Residential units, and renovate them for higher rental yields with an anticipated 8% leveraged returnOR, benefit from Toronto's Major Street Initiative and create a design-build option for purpose-built multi-residential apartments. The propertyfeatures a 425 sq. ft. main-floor commercial unit and three residential apartments located on the rear and upper levels. This well-maintainedbuilding offers almost 2,400 sq. ft. of above-grade space, with a flexible and income-friendly unit mix of two one-bedroom apartments and onethree-bedroom apartment. Nestled in a desirable, transit-oriented location just minutes from Dufferin Station, the property benefits from strongrental demographics, excellent connectivity, and an impressive Walk Score of 88. Conveniently located near shops, restaurants, a communitycentre, and schools. Seller is a Registered Real Estate Agent (RREA).
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1160 Dufferin Street, Toronto W02, ON M6H 4B8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,499,000 in Toronto, the legal minimum down payment is $299,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,455 also applies, bringing the total estimated land transfer taxes to $52,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
