723 Dovercourt Rd (Dovercourt Rd & Bloor St W)
Status: For Sale
- Tax: $5,543.4 (2023)
- Community:Palmerston-Little Italy
- Style:Semi-Detached (3-Storey)
- Size:1500-2000 Sq Ft
- Basement:Full (Part Fin)
- HeatingForced Air, Gas
- Sewer/Water SystemsSewers, Municipal
Listing Contracted With: RE/MAX ULTIMATE REALTY INC.
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? 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 was professionally completed by Laneway Housing Advisors.
Please contact the agent for the copy of the laneway house analysis & report.
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