Introducing a prime investment opportunity in the heart of Dovercourt Village with the TTC and all amenities at your doorstep. Thriving 'Home & Hardware' business occupies the main level (partially renovated in 2023!). The second level consists of a 2-bedroom apartment with great size living space, a 3pc bath, and private access to a large deck. Laneway parking provided for the commercial unit. Monthly rent received is $7,750 which amounts to $93,000 per year and tenants are responsible for virtually all the utilities and insurance resulting in an incredible Net Operating Income of $85,000. Superb location and investment potential! Building also boasts a basement, which is currently utilized by the commercial unit. **** EXTRAS **** **Commercial unit is leased until Dec 2027. Second level apartment is on a month to month lease** (id:31697)
| MLS® Number | W9045040 |
| Property Type | Retail |
| Community Name | Dovercourt-Wallace Emerson-Junction |
| AmenitiesNearBy | Public Transit |
| Appliances | Dishwasher, Dryer, Range, Refrigerator, Stove, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 2383.5 Sqft |
| SizeInterior | 2383.5 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 113 Ft ,6 In |
| SizeFrontage | 26 Ft ,9 In |
| SizeIrregular | Bldg=26.83 X 113.52 Ft |
| SizeTotalText | Bldg=26.83 X 113.52 Ft |
| ZoningDescription | R(d0.6*740) |
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