1250 Davenport Road Toronto, Ontario M6H 2G9

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

Detached Garage
Garage

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 Dimensions
Second Level Kitchen 4.47 m x 6.42 m
Second Level Living Room 4.47 m x 6.42 m
Second Level Primary Bedroom 3.82 m x 3.97 m
Second Level Bedroom 2 2.84 m x 2.62 m
Lower Level Primary Bedroom 3.63 m x 3.95 m
Lower Level Bedroom 2 3.95 m x 2.39 m
Lower Level Bedroom 3 2.64 m x 2.63 m
Lower Level Kitchen 5.12 m x 4.83 m
Lower Level Living Room 5.12 m x 4.83 m
Main Level Kitchen 4.21 m x 3.64 m
Main Level Living Room 4.88 m x 4.37 m
Main Level Primary Bedroom 2.78 m x 3.47 m
Main Level Bedroom 2 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

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