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BEDROOMS3
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KITCHENS9 + 3
ROOMSC8170146
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Property Description
Must See This Small Investors' Immediate Rental Income Cash Cow Generating Over 5% Gross Rate Of Return! Legal Triplex In Mixed Commercial Residential Zoning For Multiple Uses & Unlimited Development Potential, A Total Of 3 Units' 3 Kitchens, 5 Brs & 2 Separated Hydro & Gas Meters! Huge Sunroom On 2nd & 3rd Fl Walk Out To Rooftop Deck. Fully Occupied By Triple A Tenants For Continuous Worry-Free Passive Income. Within Steps To St Clair Streetcar, Library & Laundromat.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-06-01 | 2021-06-29 | 28 | $2,400 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Triplex, 3-Storey
Lot Irregularities
Irrgular
Fronting
South
Taxes
$4,357 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 9.51' x 11.98' | Laminate, Pot Lights |
| Br | Ground | 10.76' x 11.81' | Laminate, Combined W/Dining, Closet |
| Living | Ground | 10.99' x 13.45' | Broadloom, B/I Closet |
| Kitchen | 2nd | 9.19' x 10.83' | Ceramic Floor, O/Looks Backyard |
| Living | 2nd | 9.19' x 11.15' | Laminate, 4 Pc Bath |
| 2nd Br | 2nd | 13.78' x 14.76' | Laminate, Bay Window |
| Sunroom | 2nd | 7.22' x 8.20' | Ceramic Floor, Picture Window |
| 3rd Br | 3rd | 11.81' x 13.45' | Laminate, Closet |
| 4th Br | 3rd | 9.51' x 12.14' | Laminate, Closet |
| Family | Bsmt | 9.25' x 10.83' | Ceramic Floor, Walk Through |
| Living | Bsmt | 10.60' x 12.99' | Broadloom, Open Concept |
| 5th Br | Bsmt | 7.22' x 12.99' | Broadloom, 3 Pc Bath |
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Toronto Market Statistics
Toronto Price Trend
1145 Davenport Rd is a 4-bedroom 3-bathroom home listed for sale at $1,139,000, which is $930,861 (45.0%) lower than the average sold price of $2,069,861 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 4 bedroom home in Toronto increased by $39,282 (1.9%) compared to the previous 30 day period (February 28 - March 28) and up $17,419 (0.8%) from the same time one year ago.Inventory Change
There were 569 4-bedroom homes listed in Toronto over the last 30 days (March 29 - April 27), which is up 22.4% compared with the previous 30 day period (February 28 - March 28) and up 2.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold $18,170 (0.9%) above asking price over the last 30 days (March 29 - April 27), which represents a $7,974 decrease compared to the previous 30 day period (February 28 - March 28) and $37,483 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Toronto over the last 30 days (March 29 - April 27) stood at 52.7%, down from 53.8% over the previous 30 days (February 28 - March 28) and down from 56.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (March 29 - April 27), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Wendy Zheng Realty
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