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$2,699,900
Status: For Sale
Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined with permits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAA tenants. Offered at a 4.3% cap rate, it offers two spacious 2-bedroom suites & a 3-bedroom ground-level suite with private walkout. Each unit includes separate entrances, private landscaped spaces & tenant-paid utilities via dedicated meters. Situated near Wychwood, Dovercourt, and Corso Italia, tenants enjoy fast access to transit, parks & amenities. Upgraded with gutted-to-bricks interior+exterior reno with all-new windows+doors, kitchens & baths, & full plumbing, electrical & HVAC overhaul & Industrial steel+glass features. Includes 3 laneway parking spots, a 1-car garage, & zoning certificate for a 3-level, 1,300+ sq ft laneway house. Upper & lower units are leased to AAA tenants paying market rents, and owner-occupied unit can be leased at market rate. Dont miss this unique investment!
| Property Type | :Residential |
|---|---|
| MLS Number | :W11908863 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :06 Jan, 2025 (1 Day ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Community | : Corso Italia-Davenport |
| Postal Code | :
M6H 2G9
|
| Price | : $2,699,900 |
|---|---|
| Property Taxes | :$5972.66 |
| Tax Year | :2024 |
|---|
| Bedrooms | :4 + 3 |
|---|---|
| No. of Rooms | :11 |
| Air Conditioning | :Wall Unit |
| Heating | :Heat Pump |
| Place of Worship | :No |
| Cross Street | :Davenport Rd and Dovercourt Rd |
| Bathrooms | :4 |
|---|---|
| Fuel | :Electric |
| Fireplace/Stove | :No |
| Kitchen | :4.47 m x 6.42 m |
|---|---|
| Prim Bdrm | :3.82 m x 3.97 m |
| Kitchen | :4.21 m x 3.64 m |
| Prim Bdrm | :2.78 m x 3.47 m |
| Kitchen | :5.12 m x 4.83 m |
| 2nd Br | :3.95 m x 2.39 m |
| Living | :4.47 m x 6.42 m |
|---|---|
| 2nd Br | :2.84 m x 2.62 m |
| Living | :4.88 m x 4.37 m |
| 2nd Br | :2.69 m x 2.87 m |
| Prim Bdrm | :3.63 m x 3.95 m |
| 3rd Br | :2.64 m x 2.63 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :4 |
| Basement | :Apartment |
| Garage | :Detached |
|---|---|
| Laundry Level | :Main |
| Park | :Park |
| Library | :Library |
06 Jan, 2025
TREB #W11908863
Listed
$2699900.0
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