1250 Davenport Rd
Corso Italia-Davenport, Toronto, M6H 2G9
FOR SALE
$2,699,900
Terminated
$0
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4 + 3
BEDROOMS4
BATHROOMS2 + 1
KITCHENS11 + 6
ROOMSW10428642
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-18 | 2024-12-23 | 35 | $2,699,900 | - | Terminated |
| 2024-11-07 | 2024-11-18 | 11 | $2,799,900 | - | Terminated |
| 2021-03-12 | 2021-03-16 | 3 | $975,000 | $1,271,000 | Sold |
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Property Description
Welcome To 1250 Davenport Rd A Rare Turn-Key Investment Professionally Rebuilt & Reimagined Withpermits In 2021, This Legal Triplex Was Crafted For Low-Maintenance & High-End Living To Attract Aaatenants. Offered At A 4% Cap Rate, It Offers Two Spacious 2-Bedroom Suites & A 3-Bedroom Ground-Levelsuite With Private Walkout. Each Unit Includes Separate Entrances, Private Landscaped Spaces & Tenant-Paidutilities Via Dedicated Meters. Situated Near Wychwood, Dovercourt, And Corso Italia, Tenants Enjoy Fastaccess To Transit, Parks & Amenities. Upgraded With Gutted-To-Bricks Interior+Exterior Reno With All-Newwindows+Doors, Kitchens & Baths, & Full Plumbing, Electrical & Hvac Overhaul & Industrial Steel+Glassfeatures. Includes 3 Laneway Parking Spots, A 1-Car Garage, & Zoning Certificate For A 3-Level, 1,300+ Square Ftlaneway House. Upper & Lower Units Are Leased To Aaa Tenants Paying Market Rents, And Owner-Occupiedunit Can Be Leased At Market Rate. Dont Miss This Unique Investment!
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This Property Is Turn-Key With Premium Finishes, High-Quality Tenants, And Thoughtful Design For Seamlessmanagement And Stable Cash Flow. An Ideal, Low-Maintenance Investment Opportunity For The Discerningbuyer.
Nearby Intersections
St Clair & Dufferin (14)
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Property Details
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Community
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Property Type
Triplex, 2-Storey
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An exceptional investment opportunity awaits with this fully renovated triplex, offering three beautifully designed 2-bedroom, 1-bathroom suites in a prime waterfront location. Each unit showcases thoughtful design work, featuring fully equipped kitchens with full-sized, state-of-the-art appliances, ensuite laundry, and spacious living areas, blending modern style with everyday comfort. The newly finished 2-bedroom basement unit boasts impressive 7-foot ceilings and in-floor heating, adding significant income potential while maintaining the same high-end finishes found throughout the property. Each suite includes its own independent heating and cooling systems, ensuring personalized comfort and energy efficiency. Ideally situated just steps from the beach and Queen St, this property offers stunning water views and unbeatable access to shops, dining, and transit. With parking for 4 cars, tenant convenience is a given. Whether you're looking to expand your investment portfolio or planning for the future, this property offers excellent flexibility providing strong rental income now, with the option to owner-occupy down the road while generating passive income. Don't miss this chance to own a turnkey, high-performing triplex in a sought-after waterfront neighbourhood.
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