1250 Davenport Road Toronto (Corso Italia-Davenport), Ontario M6H 2G9
$2,699,900
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. (id:47351)
Property Details
| MLS® Number | W11908863 |
| Property Type | Single Family |
| Community Name | Corso Italia-Davenport |
| AmenitiesNearBy | Park, Place Of Worship, Public Transit, Schools |
| Features | Lane, Lighting, Paved Yard, Carpet Free, In-law Suite |
| ParkingSpaceTotal | 4 |
| Structure | Deck, Patio(s) |
| ViewType | City View |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 7 |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater - Tankless, Water Heater, Water Meter, Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Washer, Window Coverings |
| BasementFeatures | Apartment In Basement, Walk Out |
| BasementType | N/a |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick |
| FlooringType | Vinyl |
| FoundationType | Block |
| HeatingFuel | Electric |
| HeatingType | Heat Pump |
| StoriesTotal | 2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Public Transit, Schools |
| LandscapeFeatures | Landscaped |
| Sewer | Sanitary Sewer |
| SizeDepth | 103 Ft ,3 In |
| SizeFrontage | 23 Ft ,3 In |
| SizeIrregular | 23.29 X 103.26 Ft ; Widens To 36.92' At Rear Laneway |
| SizeTotalText | 23.29 X 103.26 Ft ; Widens To 36.92' At Rear Laneway |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 4.47 m | 6.42 m | 4.47 m x 6.42 m |
| Second Level | Living Room | 4.47 m | 6.42 m | 4.47 m x 6.42 m |
| Second Level | Primary Bedroom | 3.82 m | 3.97 m | 3.82 m x 3.97 m |
| Second Level | Bedroom 2 | 2.84 m | 2.62 m | 2.84 m x 2.62 m |
| Lower Level | Bedroom 2 | 3.95 m | 2.39 m | 3.95 m x 2.39 m |
| Lower Level | Bedroom 3 | 2.64 m | 2.63 m | 2.64 m x 2.63 m |
| Lower Level | Kitchen | 5.12 m | 4.83 m | 5.12 m x 4.83 m |
| Lower Level | Primary Bedroom | 3.63 m | 3.95 m | 3.63 m x 3.95 m |
| Main Level | Kitchen | 4.21 m | 3.64 m | 4.21 m x 3.64 m |
| Main Level | Living Room | 4.88 m | 4.37 m | 4.88 m x 4.37 m |
| Main Level | Primary Bedroom | 2.78 m | 3.47 m | 2.78 m x 3.47 m |
| Main Level | Bedroom 2 | 2.69 m | 2.87 m | 2.69 m x 2.87 m |
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January 06 2025 06:02:44
Toronto Real Estate Board
Keller Williams Portfolio Realty