1587 Dufferin Street, Toronto

This substantial 2.5-storey detached residence represents a premier acquisition opportunity within the sought-after Corso Italia-Davenport enclave. Defined by its functional versatility, the property features a strategic layout including a separate basement entrance and an expansive third-floor loft, offering an immediate pathway to maximize rental yields. Investors can anticipate a gross potential income exceeding $6000 per month by optimizing the home into three self-contained suites. Beyond its current income-generating capacity, the property is situated on an exceptional 32 x 120-foot lot, providing a significant footprint for a future high-end rebuild or custom architectural expansion. Recently updated with a new roof (2023) and fresh interior paint, this asset combines turnkey stability with long-term development potential, all while being steps from the transit corridors and cultural landmarks of St. Clair West.