1250 Davenport Rd
Corso Italia-Davenport, Toronto, M6H 2G9
FOR SALE
$2,799,900
Terminated
$0
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4 + 3
BEDROOMS4
BATHROOMS2 + 1
KITCHENS11 + 6
ROOMSW10412404
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
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 with permits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAA tenants. Offered at a 4% 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!
Extras
This property is turn-key with premium finishes, high-quality tenants, and thoughtful design for seamless management and stable cash flow. An ideal, low-maintenance investment opportunity for the discerning buyer.
Nearby Intersections
St Clair & Dufferin (35)
Property Features
Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Lot Size
23' x 103'
Lot Irregularities
Widens to 36.92' At Rear Laneway
Fronting
North
Taxes
$5,973 (2024)
Basement
Apartment, W/O
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | 2nd | 21.06' x 14.67' | Quartz Counter, Stainless Steel Appl, W/O To Patio |
Living | 2nd | 21.06' x 14.67' | Combined W/Kitchen, Window, Closet |
Br | 2nd | 13.02' x 12.53' | Large Window, 3 Pc Ensuite, South View |
2nd Br | 2nd | 8.60' x 9.32' | Skylight, Closet, Vinyl Floor |
Kitchen | Main | 11.94' x 13.81' | Quartz Counter, Stainless Steel Appl, W/O To Patio |
Living | Main | 14.34' x 16.01' | Large Window, Closet, Pot Lights |
Br | Main | 11.38' x 9.12' | Pot Lights, Large Closet, Large Window |
2nd Br | Main | 9.42' x 8.83' | Vinyl Floor, Window |
Kitchen | Lower | 15.85' x 16.80' | Quartz Counter, Combined W/Living, W/O To Patio |
Br | Lower | 12.96' x 11.91' | Window, Closet, Vinyl Floor |
2nd Br | Lower | 7.84' x 12.96' | Window, Vinyl Floor |
3rd Br | Lower | 8.63' x 8.66' | Window, Vinyl Floor |
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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+ sq 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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