1357/59 Davenport Rd

FOR SALE
$2,899,900
1357/59 Davenport Rd, Toronto
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
1357/59 Davenport Rd
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5 + 2
BEDROOMS
8
BATHROOMS
5 + 2
KITCHENS
22 + 9
ROOMS
W9263979
MLSID
Contact Us
Property Description
Fantastic investment opportunity! 2 Multi-unit store apartments merged into 1, with 2 addresses. Owner occupied main and lower levelat 1357 will be vacant on closing, and can drastically improve income immediately. Was a former thriving real estate office. Zoned CR1.5, bylaw section attached to listing. Currently zoned for both commercial & residential use. Please rely on own due diligence forzoning. Flat roof replaced in portions in 2022. Sign on roof provides income as well. Lane parking to detached garage on remote and 3parking spots. Amazing opportunity. Really amazing views of Toronto Skyline. Financials attached to listing.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-16 2024-08-16 122 $3,000,000 - Expired
Extras
Property includes four 1-bedroom units, one 2-bedroom unit, one bachelor unit (owner occupied), and 2 main floor retail spaces (owneroccupied - not used as retail but zoning unchanged). 4 total parking via lane off Bristol or Dufferin.
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
45' x 120'
Lot Irregularities
45.01ft x 121.44ft x 45.06ft x 119.13ft
Fronting
South
Taxes
$28,345 (2024)
Basement
Apartment, W/O
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
OfficeMain13.88' x 14.04'Large Window, Broadloom, B/I Desk
Common RmMain15.98' x 17.52'Broadloom, Walk Through, French Doors
OfficeMain6.53' x 7.64'Broadloom, French Doors
OfficeMain6.50' x 7.64'Broadloom, French Doors
BrMain13.58' x 15.49'Hardwood Floor, Double Closet, Window
KitchenMain6.92' x 8.76'Window, Walk-Out, Ceramic Floor
Living2nd14.34' x 17.13'Combined W/Dining, Broadloom, Large Window
Kitchen2nd6.63' x 8.14'Vinyl Floor, Window
Prim Bdrm2nd9.94' x 11.81'Large Window, Broadloom, Large Closet
Living2nd14.47' x 17.62'Combined W/Dining, Hardwood Floor, Large Window
Kitchen2nd6.86' x 8.01'Ceramic Floor, Double Sink, Large Window
Prim Bdrm2nd9.94' x 12.04'Hardwood Floor, Large Closet, Large Window
Toronto Market Statistics
Toronto Price Trend
1357/59 Davenport Rd is a 5-bedroom 8-bathroom home listed for sale at $2,899,900, which is $40,528 (1.4%) lower than the average sold price of $2,940,428 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $154,872 (5.6%) compared to the previous 30 day period (September 21 - October 20) and up $283,513 (10.7%) from the same time one year ago.
Inventory Change
There were 115 5-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 30.3% compared with the previous 30 day period (September 21 - October 20) and up 21.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($110,325) (3.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $41,069 decrease compared to the previous 30 day period (September 21 - October 20) and ($117,415) more 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 5-bedroom homes in Toronto over the last 30 days (October 21 - November 19) stood at 60.9%, up from 31.5% over the previous 30 days (September 21 - October 20) and up from 36.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 8-bathroom home in Toronto stood at 31 days when successfully sold over the last 30 days (October 21 - November 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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