1250 Davenport Rd

FOR SALE
$2,699,900
Terminated
$0
1250 Davenport Rd, Toronto
1250 Davenport Rd
1250 Davenport Rd
1250 Davenport Rd
1250 Davenport Rd
1250 Davenport Rd
1250 Davenport Rd
1250 Davenport Rd
1250 Davenport Rd
1250 Davenport Rd
4 + 3
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
11 + 6
ROOMS
W10428642
MLSID
Contact Us
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
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+ 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!
Extras
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
Property Features
Library, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Triplex, 2-Storey
Lot Size
23' x 103'
Lot Irregularities
Widens to 36.92' At Rear Laneway
Fronting
North
Taxes
$5,973 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
Kitchen2nd21.06' x 14.67'W/O To Patio, Quartz Counter, Stainless Steel Appl
Living2nd21.06' x 14.67'Combined W/Kitchen, Window, Closet
Br2nd13.02' x 12.53'Large Window, 3 Pc Ensuite, South View
2nd Br2nd8.60' x 9.32'Skylight, Closet, Vinyl Floor
KitchenMain11.94' x 13.81'W/O To Patio, Quartz Counter, Stainless Steel Appl
LivingMain14.34' x 16.01'Large Window, Closet, Pot Lights
BrMain11.38' x 9.12'Pot Lights, Large Closet, Large Window
2nd BrMain9.42' x 8.83'Vinyl Floor, Closet, Window
KitchenLower15.85' x 16.80'Combined W/Living, W/O To Patio, Quartz Counter
BrLower12.96' x 11.91'Window, Closet, Vinyl Floor
2nd BrLower7.84' x 12.96'Vinyl Floor, Window
3rd BrLower8.63' x 8.66'Vinyl Floor, Window
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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 4.3% 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 flowan ideal, low-maintenance investment opportunity for the discerning buyer.
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