Active

1250 Davenport Rd

Toronto Ontario, M6H 2G9

C$2,699,900


Active

7 Beds

4 Baths

Multi-family

Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined withpermits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAAtenants. Offered at a 4% cap rate, it offers two spacious 2-bedroom suites & a 3-bedroom ground-levelsuite with private walkout. Each unit includes separate entrances, private landscaped spaces & tenant-paidutilities via dedicated meters. Situated near Wychwood, Dovercourt, and Corso Italia, tenants enjoy fastaccess to transit, parks & amenities. Upgraded with gutted-to-bricks interior+exterior reno with all-newwindows+doors, kitchens & baths, & full plumbing, electrical & HVAC overhaul & Industrial steel+glassfeatures. Includes 3 laneway parking spots, a 1-car garage, & zoning certificate for a 3-level, 1,300+ sq ftlaneway house. Upper & lower units are leased to AAA tenants paying market rents, and owner-occupiedunit can be leased at market rate. Dont miss this unique investment!

W10428642

MLS ID

November 27, 2024

Updated

Map

1250 Davenport Rd
Toronto Ontario, M6H 2G9

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

4


Laundry Description

Main


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit


Heating

Yes


Heating Description

Heat Pump, Electric

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

Library, Park, Place Of Worship, Public Transit, School


Sewer

Sewers

Other Property Details

Area Name

Corso Italia-Davenport


Taxes

$5,973


Tax Frequency

Annually


Garage

Yes


Garage Spaces

1


Parking

Detached


Parking Total

4


View

No


County

Ontario


Municipality

Toronto


Water Source

Municipal


Pool

No


Pool Features

None

 

Courtesy of Listed by , KELLER WILLIAMS PORTFOLIO REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 8:29 PM UTC, 11/27/2024

 

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