7 Bedroom
4 Bathroom
1,500 - 2,000 ft2
Wall Unit
Heat Pump
$1,999,800
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! (id:61483)
Property Details
MLS® Number
|
W12067114 |
Property Type
|
Single Family |
Neigbourhood
|
Corso Italia-Davenport |
Community Name
|
Corso Italia-Davenport |
Amenities Near By
|
Place Of Worship, Public Transit, Schools |
Features
|
Irregular Lot Size, Lane, Lighting, Carpet Free, In-law Suite |
Parking Space Total
|
4 |
Structure
|
Deck, Patio(s) |
View Type
|
City View |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
4 |
Bedrooms Below Ground
|
3 |
Bedrooms Total
|
7 |
Age
|
31 To 50 Years |
Amenities
|
Separate Heating Controls, Separate Electricity Meters |
Appliances
|
Water Heater - Tankless, Water Heater, Water Meter, Dishwasher, Dryer, Microwave, Range, Stove, Washer, Window Coverings, Refrigerator |
Basement Features
|
Apartment In Basement |
Basement Type
|
N/a |
Construction Style Attachment
|
Detached |
Cooling Type
|
Wall Unit |
Exterior Finish
|
Brick |
Fire Protection
|
Smoke Detectors |
Flooring Type
|
Vinyl |
Foundation Type
|
Block |
Heating Fuel
|
Electric |
Heating Type
|
Heat Pump |
Stories Total
|
2 |
Size Interior
|
1,500 - 2,000 Ft2 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Land Amenities
|
Place Of Worship, Public Transit, Schools |
Sewer
|
Sanitary Sewer |
Size Depth
|
102 Ft ,4 In |
Size Frontage
|
23 Ft ,3 In |
Size Irregular
|
23.3 X 102.4 Ft ; Widens To 36.92' At Rear Laneway |
Size Total Text
|
23.3 X 102.4 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 |
Primary Bedroom |
3.63 m |
3.95 m |
3.63 m x 3.95 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 |
Living Room |
5.12 m |
4.83 m |
5.12 m x 4.83 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 |
Utilities
Cable
|
Available |
Sewer
|
Installed |
https://www.realtor.ca/real-estate/28131871/1250-davenport-road-toronto-corso-italia-davenport-corso-italia-davenport