723 Dovercourt Rd Toronto, Ontario M6H 2W7
$1,300,000
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 was professionally completed by Laneway Housing Advisors**** EXTRAS **** A complete laneway house analysis report is available. (id:26892)
Property Details
| MLS® Number | C7001408 |
| Property Type | Single Family |
| Community Name | Palmerston-Little Italy |
| Features | Lane |
| Parking Space Total | 1 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Construction Style Attachment | Semi-detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | House |
Land
| Acreage | No |
| Size Irregular | 12 X 132 Ft |
| Size Total Text | 12 X 132 Ft |
https://www.realtor.ca/real-estate/26059446/723-dovercourt-rd-toronto-palmerston-little-italy
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 25 2023 08:23:25
Toronto Real Estate Board
RE/MAX Ultimate Realty Inc.