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$2,299,888

Est. payment - /mo

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7 Beds

4 Baths

Active

1250 Davenport RD Toronto W03, ON M6H 2G9

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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Daniel Freeman

distincturbanhomes@gmail.com +1(416) 937-5556

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Corso Italia-Davenport

MLS Listing ID W12173612

Style 2-Storey

Bedrooms 7

Building Age 31-50

Annual Tax Amount $5,972

Tax Year 2024

Property Sub-Type Triplex

Property Description

Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Opportunity. Expertly rebuilt & re-imagined by Reve DVMT with permits in 2021, this legal triplex is designed to deliver low-maintenance, high-end living that attracts AAA tenants. Offering incredible versatility, it features two spacious 2-bedroom suites (both will be vacant on possession) & a 3-bedroom ground-level suite with a private walkout. Perfect for co-owners, multi-generational families or savvy investors. Each unit boasts separate entrances, private landscaped spaces, spacious units with great storage, upgraded kitchens & baths, high end & durable finishes, & dedicated meters for easy allocation of utility payments. Situated near vibrant Wychwood, Dovercourt, & Corso Italia neighbourhoods, residents will enjoy easy access to transit, parks, & local amenities. The property underwent a gut-to-bricks renovation, showcasing meticulous craftsmanship with all-new windows, doors, kitchens, baths, & a full overhaul of plumbing, electrical, & HVAC systems. Industrial steel-and-glass accents add a modern edge to its premium finishes. Additional highlights include: 3 laneway parking spaces & a 1-car garage for a total of 4 parking spaces. Zoning certificate in place to build a 3-level, 1,300+ sq. ft. laneway house. Rent potential: $129K gross/$116K net, based on historical performance, it is priced at an attractive 5% cap rate! Simply buy it & earn right away, no work to be done! AAA tenant in the lower unit. With the new major streets by-law permitting up to 6 stories & 10 units on Davenport, there is also exciting future development potential. Whether you're seeking a stable, low-maintenance income property, a great place to share with friends or family, or a growth-oriented investment, 1250 Davenport delivers. Don't miss this rare opportunity to own a meticulously designed, high-performing asset in one of Toronto's most dynamic neighbourhoods! *Note some photos virtually staged.

Location

Province ON

County Toronto

Community Corso Italia-Davenport

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 3

Separate Den/Office 3

Interior

Interior Features Accessory Apartment, Carpet Free, In-Law Capability, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned, Water Meter

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Deck, Lighting, Patio

Parking Features Lane

Garage Spaces 1.0

Pool None

View City

Roof Type Asphalt Shingle

Lot Frontage 23.29

Lot Depth 102.36

Total Parking Spaces 4

Building

Unit Features Library,Place Of Worship,Public Transit,School

Foundation Block

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by KELLER WILLIAMS PORTFOLIO REALTY

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Daniel Freeman

Broker | License ID: 1614165

+1(416) 937-5556

1250 Davenport RD Toronto W03, ON M6H 2G9

Daniel Freeman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1250 Davenport RD