18.5 Lindsey Ave
Dufferin Grove
HIGHLIGHT
Take advantage of the new multiplex zoning and build to suit your needs
ABOUT THE HOUSE
This is a very special property and has many of the characteristics we like – a large footprint that supports 2 bedroom configurations on the main and basement floors, front and rear walkouts, and great basement ceiling height. We also love the proximity to TTC and the garage for either a laneway suite or personal use.
You can explore multiple strategies of this property based on your needs:
- Rental property – Maximize your cash flow by converting the property into a triplex or fourplex, supplemented by a laneway suite.
- House hack – Create a family-sized unit on the second and third floors, and rent the main and basement units to subsidize costs
- Hybrid of 1 and 2 – Design a brand new custom laneway suite to suit your needs, while renting out the future triplex or fourplex
- Aging in place / multigenerational living with a full bathroom and bedroom already on the main floor
RENOVATIONS
- The extent of renovations depends on the option you choose – they range from moving in, to cosmetic updates and minor reconfiguration, to a full-blown conversion plus laneway suite build. Talk to us to explore your options!
LOCATION
- In the Dufferin Grove neighborhood.
- Very Walkable, most errands can be accomplished on foot. Steps to TTC, Dufferin Subway station, parks, restaurants, shops, schools.
- Walk score – 92
- Transit Score – 91
- Bike Score – 85
Property Features
- House
Key Details
Status
Sold
Asking Price
1,550,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI
1,470,000
Selling Price
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI