Versatile Commercial & Residential Opportunity Near Future Mount Dennis Transit Hub! This semi-detached property on a 25 X 110 Ft Lot, offers incredible flexibility for investors, end-users, or business owners. Located in a rapidly revitalizing area, it features two self-contained units, each with a private entrance. Live in one unit while renting out the other, run a business from home, or lease the entire property. The main floor includes a modern kitchen with walk-out to back deck, 3-piece washroom, laundry, living room and a street-facing office (or bedroom). The finished basement has an open-concept living room and bedroom area with its own laundry hookup, and 3-piece washroom. The upper unit has 1-bedroom, a large eat-in kitchen, 4-piece washroom, and a bright open-concept living space. A large covered back patio provides a great space to relax and there are two storage sheds on the property. Ample parking accessible through mutual drive or the rear laneway. Recent upgrades include furnace, central AC, roof, and an owned hot water tank. This updated property is a turn-key investment for end-users or investors (6% cap rate on projected NOI). An excellent opportunity in a high-growth, well-connected area.
Address
1281 Weston Road
List Price
$949,900
Property Type
Commercial
Type of Dwelling
Investment
Area
Toronto W04
Sub-Area
Mount Dennis
County
Toronto
Bathrooms
3
Lot Size Source
MPAC
Lot Depth
110
Lot Type
Lot
Lot Size Units
Feet
Lot Width
25
MLS® Number
W12103226
Listing Brokerage
ROYAL LEPAGE ESTATE REALTY
Postal Code
M6M 4R2
Tax Amount
$3,039.98
Tax Year
2024
Community Features
Major Highway, Public Transit
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None