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
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