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301 Dupont Street, Annex M5R 1W1

Price

$1,299,000

Bedrooms

3 Beds

Bathrooms

2 Baths

Size

2500-3000 sqft

Year Built

51-99

Property Type

House

Property Taxes

$6108

Description

Ideally situated at Dupont Street and Spadina Road, in Toronto's desirable Annex neighbourhood, this property offers an exceptional blend of urban convenience and neighbourhood charm. Excellent investment opportunity at Dupont Street featuring three fully renovated self-contained apartments, offering multiple income streams and strong rental potential. All three units underwent extensive renovations in 2020, including updated plumbing and electrical systems. Major mechanical upgrades include a new roof in 2018 and a new furnace and air conditioning system in 2025.The property comprises three spacious units: a 2-bedroom, 1-bathroom basement apartment, a 2bedroom, 1-bathroom main-floor apartment, and an upper-level 3-bedroom, 2-bathroom apartment spanning the second and third floors. All bathrooms are full bathrooms. Each apartment is equipped with four kitchen appliances and its own in-unit laundry for added convenience. A turnkey, income-generating property with three established rental units, significant capital improvements, and convenient in-suite amenities. An excellent opportunity for investor seeking immediate rental income and long-term investment potential. Just steps from Dupont subway station, with easy access to TTC transit, the property is surrounded by local cafés, restaurants, shops, and everyday amenities. Enjoy close proximity to the University of Toronto, Casa Loma, and the vibrant Bloor Street shopping district. With convenient access to downtown Toronto and nearby employment, educational, and cultural destinations, this location is highly attractive to students, professionals, and urban residents alike. An outstanding opportunity for investors seeking a multi-unit property in awell-established and sought-after Toronto neighbourhood. Total Annual Rental Income: $97,080 Over 6,3% Cap Rate

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$5,676 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,039,200

Total Interest Payments

$640,731

Total Payment (Principal + Interest)

$1,679,931

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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