This property on Bathurst is selling for over $2.3 million (PHOTOS)

If you take the streetcar or walk down Bathurst street often in the downtown, you’ve definitely passed this house currently up for sale.

For over $2,000,000 you could live in a duplex right at Bathurst Street and College Street.

Now, while the place looks like it needs some decent fixing up, sometimes it’s all about the location.

In the hub of the city, at 508 Bathurst Street, you can live close to restaurants, bars, schools and transit.

Zoocasa, has the property listed at $2,390,000, but sometimes land value is a better investment that the property itself.

See also:
- A look inside this $4 million luxury home in the Beach (PHOTOS)
- This cute boathouse is currently for sale in Toronto for under $350K

“It’s common to see multiplex properties like this listed in Toronto and in general, buyers can probably find much better cash-flowing investment opportunities in the city,” Zoocasa CEO and Broker of Record Lauren Haw told Daily Hive in a written statement.

“This property would likely be of interest to a buyer looking to collect income, while they wait in anticipation that real estate performance in general will raise the value of the land. As such, a buyer for this property would be putting a high probability on the overall value of real estate at Bathurst and College area increasing in the future, with an eye on earning tax-deferred appreciation.”

At 2,851 square feet, this two-and-a-half story building is ready to be bought. With a basement that can be renovated as a separate unit, this nine-bedroom, three-bathroom property will be snatched up quickly.

The basement is ready for renovations but offers a full unit for a potential tenant.