$2,098,800 - 1078 Dovercourt Road, Bloor West Village
Multi-Family for Sale in Bloor West Village
141 days on market- MLS Number
- W12350347
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 141
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
An exceptional opportunity to own a fully turnkey, income-generating, 3-storey triplex with ground-floor commercial space and a separate walk-up basement entrance ideal for investors and end-users alike. With projected market rents of $105,600 annually and the potential to add a basement apartment, this property delivers strong cash flow with significant upside. Offering 4 separate entrances, the layout provides maximum flexibility. The 2nd and 3rd floors each feature fully renovated 3-bedroom apartments, while the ground floor is a commercial-readyspace with soaring 9.5-foot ceilings, pot lights, a back studio, a 3-piece bath, and a powder room. The full basement, complete with its own private entrance, unlocks additional income or expansion potential. As one of the few 3-storey buildings in the area with a usable basement, this property truly maximizes return on investment. Walk-out terraces and rear stair access provide functionality and convenience, while the expansive fenced backyard with a private gate offers a rare outdoor oasis or additional commercial versatility.Situated in one of Toronto's most sought-after West End neighbourhoods, the property is surrounded by a surge of new condo developments and retail growth at Dufferin and Dupont. It's steps to Bloor and St. Clair, minutes to Dufferin Mall and Yorkdale via the Allen, and offers easy access to TTC and the upcoming Eglinton Express Line. Nearby Dovercourt Park, High Park,and top grocery stores including Loblaws, Farm Boy, and FreshCo make everyday living effortless. The Airport Express is also close by, connecting you to Pearson in under 20 minutes. This is a rare chance to acquire a beautifully renovated, meticulously maintained triplex that blends immediate income potential, prime location, and long-term growth.This property will be sold completely vacant allowing the new owner to set all rents at current market value. a true rarity for this kind of property.
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Estimated Payment
$9,283.70/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Bloor West Village / Swansea
Bloor West Village / Swansea is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bloor West Village / Swansea
- •Convenient location in Bloor West Village / Swansea
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bloor West Village / Swansea offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1078 Dovercourt Road, Bloor West Village / Swansea
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 141 days on site, this property has exceeded the typical selling timeline for Bloor West Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bloor West Village.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,745 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.