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  • Price$2,699,900
  • Beds7
  • Baths4

1250 Davenport Road, Toronto (corso Italia-Davenport)

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:6289)

Essential Information

  • Listing #W11908863
  • Price$2,699,900
  • Bedrooms7
  • Bathrooms4.00
  • Acres0.00
  • TypeSingle Family
  • Sub-TypeTriplex

Amenities

  • AmenitiesPark, Place of Worship, Public Transit, Schools, Separate Heating Controls, Separate Electricity Meters
  • FeaturesLane, Lighting, Paved yard, Carpet Free, In-Law Suite
  • Parking Spaces4
  • ParkingDetached Garage
  • # of Garages1
  • ViewCity view

Exterior

  • ExteriorBrick
  • Exterior FeaturesLandscaped
  • Lot Description23.29 x 103.26 FT ; Widens to 36.92' At Rear Laneway
  • FoundationBlock

Community Information

  • Address1250 Davenport Road
  • SubdivisionCorso Italia-Davenport
  • CityToronto (corso Italia-Davenport)
  • ProvinceOntario
  • Postal CodeM6H2G9

Interior

  • AppliancesWater Heater - Tankless, Water Heater, Water meter, Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Washer, Window Coverings
  • HeatingElectric Heat Pump
  • CoolingWall unit
  • BasementApartment in basement, Walk out
  • # of Stories2

Listing Details

  • Listing OfficeKELLER WILLIAMS PORTFOLIO REALTY
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