Corso Italia-Davenport Real Estate for Sale
1 Listings
Corso Italia-Davenport real estate includes properties ranging from spacious detached homes and bungalows within an ideally located neighbourhood bounded by Caledonia Road, Dufferin and Davenport and feature the Corso Italia area that runs along St. Clair West. Purchasing a home in Corso Italia-Davenport situates you close to unique shops, restaurants and cafes within a neighbourhood that exudes its own small-town feel and offers accessibility throughout the city of Toronto by public transit. Corso Italia-Davenport real estate is a great investment as the neighbourhood is becoming an increasingly sought-after part of the city to own a property in.
Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.*
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