$1,999,800
Available - For Sale
Listing ID: W12067114
1250 Davenport Road , Toronto, M6H 2G9, Toronto
| Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined by Reve DVMT with permits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAA tenants. 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. Photos are virtually staged. Over $116K Net Operating Income. 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. And with the new major streets by-law allowing for up to 6 stories and 10 units on Davenport, there is plenty of future development opportunity. Don't miss this unique investment! |
| Price | $1,999,800 |
| Taxes: | $5972.66 |
| Assessment Year: | 2024 |
| Occupancy: | Owner+T |
| Address: | 1250 Davenport Road , Toronto, M6H 2G9, Toronto |
| Directions/Cross Streets: | Davenport Rd and Dovercourt Rd |
| Rooms: | 11 |
| Rooms +: | 6 |
| Bedrooms: | 4 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Apartment |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Second | Kitchen | 14.66 | 21.06 | Quartz Counter, Stainless Steel Appl, W/O To Patio |
| Room 2 | Second | Living Ro | 14.66 | 21.06 | Combined w/Kitchen, Window, Closet |
| Room 3 | Second | Primary B | 12.53 | 13.02 | Large Window, 3 Pc Ensuite, South View |
| Room 4 | Second | Bedroom 2 | 9.32 | 8.59 | Skylight, Closet, Vinyl Floor |
| Room 5 | Main | Kitchen | 13.81 | 11.94 | Quartz Counter, Stainless Steel Appl, W/O To Patio |
| Room 6 | Main | Living Ro | 16.01 | 14.33 | Large Window, Closet, Pot Lights |
| Room 7 | Main | Primary B | 9.12 | 11.38 | Pot Lights, Large Closet, Large Window |
| Room 8 | Main | Bedroom 2 | 8.82 | 9.41 | Vinyl Floor, Closet, Window |
| Room 9 | Lower | Kitchen | 16.79 | 15.84 | Quartz Counter, Combined w/Living, W/O To Patio |
| Room 10 | Lower | Living Ro | 16.79 | 15.84 | Combined w/Kitchen, Large Window, Vinyl Floor |
| Room 11 | Lower | Primary B | 11.91 | 12.96 | Window, Closet, Vinyl Floor |
| Room 12 | Lower | Bedroom 2 | 12.96 | 7.84 | Window, Closet, Vinyl Floor |
| Room 13 | Lower | Bedroom 3 | 8.66 | 8.63 | Window, Vinyl Floor |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Second |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 3 | Lower |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Lane |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Lane |
| Park #2 | |
| Parking Type: | Lane |
| Pool: | None |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Library, Place Of Worship |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Heat Pump |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Toronto |
| Municipality: | Toronto W03 |
| Neighbourhood: | Corso Italia-Davenport |
| Style: | 2-Storey |
| Approximate Age: | 31-50 |
| Tax: | $5,972.66 |
| Beds: | 4+3 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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