Toronto C01, ON M6H 2W7,723 Dovercourt RD
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Toronto C01, ON M6H 2W7,723 Dovercourt RD
Toronto C01, ON M6H 2W7,723 Dovercourt RD
Toronto C01, ON M6H 2W7,723 Dovercourt RD
Toronto C01, ON M6H 2W7,723 Dovercourt RD

$1,100,000

Est. payment /mo

$1,200,000

8.3%
Est.Price: ?

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723 Dovercourt RD Toronto C01, ON M6H 2W7

4 Beds

2 Baths

SOLD DATE : 03/29/2024

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Palmerston-Little Italy

MLS Listing ID C7386518

Sold Date 03/29/24

Style 3-Storey

Bedrooms 4

Annual Tax Amount $5,543

Tax Year 2023

Property Sub-Type Semi-Detached

Property Description

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

Location

Province ON

County Toronto

Community Palmerston-Little Italy

Area Toronto

Rooms

Family Room No

Basement Partially Finished, Full

Kitchen 1

Interior

Cooling Central Air

Exterior

Parking Features Lane

Pool None

Lot Frontage 12.0

Lot Depth 132.0

Total Parking Spaces 1

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Listed by RE/MAX ULTIMATE REALTY INC.
agent

David Rizzuto

REALTOR®

+1(647) 643-3283

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