1242 College Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Dufferin Grove. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,219,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 16.67 x 91.33 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 0.0 garage spaces (1.0 total parking spaces)
- Notable attributes: None
- Efficient forced air heating via gas
Description
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!
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Property Summary
This duplex located at 1242 College Street, Toronto is currently for sale and has been available for 1 day. This property is listed at $1,219,000 with an estimated mortgage of $4,058* per month. It has 4 beds, 4 bathrooms, and is 1100-1500 square feet. 1242 College Street, Toronto is in the Dufferin Grove neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Dufferin Grove, Toronto.
- •4 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Dufferin Grove, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 4-bedroom duplex at 1242 College Street, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Toronto Buyer Budget & Costs
Estimated mortgage: $4,058*/month*. Estimated Ontario Land Transfer Tax: $41,710. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 1242 College Street, Toronto, ON
Q.What is the asking price for 1242 College Street, Toronto, ON ?
The current listing price for 1242 College Street, Toronto, ON in Dufferin Grove, Toronto is $1,219,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 4 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 1242 College Street, Toronto, ON ?
1242 College Street, Toronto, ON is a Duplex (2-Storey) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Dufferin Grove, Toronto
183 assaults (1449.2/100k)
48 B&E (380.1/100k)
19 thefts (150.5/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 1242 College Street, Toronto, ON M6H 1C2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,219,000 in Toronto, the legal minimum down payment is $243,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,855 also applies, bringing the total estimated land transfer taxes to $41,710.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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