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723 Dovercourt Rd Toronto, Ontario M6H 2W7

4 Bedroom 2 Bathroom
Central Air Conditioning Forced Air

$1,200,000

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 were professionally completed by Laneway Housing Advisors**** EXTRAS **** A complete laneway house analysis report is available. Inquire to receive a copy. (id:44421)

Property Details

MLS® Number C7386518
Property Type Single Family
Community Name Palmerston-Little Italy
Amenities Near By Park, Place Of Worship, Public Transit, Schools
Community Features Community Centre
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
Land Amenities Park, Place Of Worship, Public Transit, Schools
Size Irregular 12 X 132 Ft
Size Total Text 12 X 132 Ft

Rooms

LevelTypeDimensions
Second Level Primary Bedroom 3.23 m x 6.5 m
Second Level Bedroom 2 3.13 m x 3.5 m
Third Level Bedroom 3 3.11 m x 4.53 m
Third Level Bedroom 4 3.11 m x 5.17 m
Basement Other 10.69 m x 2.71 m
Main Level Dining Room 2.96 m x 4.35 m
Main Level Kitchen 3.07 m x 5.37 m
Main Level Living Room 2.21 m x 3.45 m

https://www.realtor.ca/real-estate/26397002/723-dovercourt-rd-toronto-palmerston-little-italy

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