$1,219,000
Est. payment $5,397/moCalculate yours
1242 College Street, Toronto, ON M6H 1C2
Dufferin Grove, Toronto, ON M6H 1C2
- 4 Beds
- 4 Baths
- 1,100 Sq Ft
Listing courtesy of ENGEL & VOLKERS TORONTO CITY MLS® C13881704
About this home
An exceptional opportunity in the heart of Toronto’s vibrant College West neighbourhood! This substantial 2-storey semi-detached home is currently configured into 4 self-contained living spaces, offering tremendous flexibility for investors, end users or multi-generational families. A rare opportunity with 2 units already vacant and a third becoming vacant October 31st, allowing the new owner to establish their own rents or occupy one unit while generating income from the others to help offset mortgage costs. The remaining unit is occupied by a long-term tenant who would welcome the opportunity to stay. Current and previous rental income demonstrate the property’s excellent income-generating potential, with additional upside as vacant units are re-leased. Situated in a dynamic west-end community, just steps to trendy restaurants, cafés, independent shops, parks, schools, Dufferin Mall and convenient TTC access, including the College streetcar and Lansdowne subway station. Whether you’re looking to expand your investment portfolio or establish roots in one of Toronto’s most exciting neighbourhoods, 1242 College Street offers location, versatility and opportunity!
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 16.67 x 91.33 Feet
- Parking
- None garage · 1 total
Financial
- Property Taxes
- $4,902 (2025)
Location
- Neighbourhood
- Dufferin Grove
- Cross Street
- Lansdowne Ave & College St
- Direction Faces
- North
Listing
- MLS® Number
- C13881704
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- Flexible
- Listed By
- ENGEL & VOLKERS TORONTO CITY
Features
Interior
- None
Pool
- None
- Included
- All appliances.
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$5,397 per month
- Principal and interest
- $5,397
- Property tax
- $409
- Condo fees
- $0
- Estimated monthly cost
- $5,806
Your mortgage
- Mortgage amount
- $975,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $644,040
Cash to close
- Down payment
- $243,800
- Land transfer tax (Ontario + Toronto)
- $41,710
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $285,510
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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