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1242 College Street, Toronto, ON M6H 1C2

$1,219,000
: 4
BD
: 4
BA
: 1,100
SqFt

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List Price: $1,219,000
MLS#: C13881704
Status: ACTIVE
Type: Multifamily
SubType: Duplex
Style: 2-Storey
Bedrooms: 4
Bathrooms: 4
Living Area: 1100-1500
Province: ON
Municipality: Toronto
Area: Toronto
Neighborhood: Dufferin Grove
Subdivision: Lansdowne Ave & College St

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Property Description

An exceptional opportunity in the heart of Toronto's vibrant College West neighbourhood! This substantial 2-storey semi-detached home is currently configured into 4 self-contained living spaces, offering tremendous flexibility for investors, end users or multi-generational families. A rare opportunity with 2 units already vacant and a third becoming vacant October 31st, allowing the new owner to establish their own rents or occupy one unit while generating income from the others to help offset mortgage costs. The remaining unit is occupied by a long-term tenant who would welcome the opportunity to stay. Current and previous rental income demonstrate the property's excellent income-generating potential, with additional upside as vacant units are re-leased. Situated in a dynamic west-end community, just steps to trendy restaurants, cafés, independent shops, parks, schools, Dufferin Mall and convenient TTC access, including the College streetcar and Lansdowne subway station. Whether you're looking to expand your investment portfolio or establish roots in one of Toronto's most exciting neighbourhoods, 1242 College Street offers location, versatility and opportunity!

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Additional Information

Taxes: $4,902
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: None
Kitchens: 4
Exterior: Brick
Garage Type: None
Pool: None
Parking Spaces: 1
Parking Type: Private