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Key Facts
Key facts for 1267 Dundas Street
Property Type
Apartment, Other
Parking
Detached 1 garage, 4 parking
MLS #
X11898941
Size
3500-5000 sqft
Basement
Partial Basement
Listed on
2024-12-20
Lot size
32 x 126.88
Tax
$10,804 /yr
Days on Market
245
Approximate Age
-
Maintenance Fee
-
Description
This 8-unit property, situated at the intersection of Dundas St and Oakland Ave, offers incredible potential for savvy investors. With a gross income of $66,168 (projected to increase to $73,368) and a net income of $33,372 (projected to grow to $40,572), this property is a true income-generator. Ea...ch of the 8 units has its own meter, providing excellent opportunities for future landlords to boost profitability. The building comprises five one-bedroom units, one bachelor unit, and two two-bedroom units, all fully rented. Additional features include five parking spots and a single-car garage, which can be rented for extra storage income. The basement under 1265 is unfinished and includes a 2-piece bathroom, with plumbing in place to add laundry facilities. The remaining space can also be rented as a workshop or storage area for added revenue. Properties like this are rare at such an attractive price. Don't miss your chance to own this 8plex and take advantage of its income potential!
