$2,699,900 FOR SALE

Triplex

Bedrooms: 4+3Bathrooms: 4Lot: 23.25 x 103.25 ft

1250 Davenport Road
Toronto (Corso Italia-Davenport), ON M6H 2G9

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:47423)

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Listed By KELLER WILLIAMS PORTFOLIO REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W11908863
Last Updated Jan 06, 2025
Property Summary
Property Type Triplex

More like this:
Community Corso Italia-Davenport
Price History
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Detailed Information
Bedrooms 4+3
Bathrooms 4
Lot 23.25 x 103.25 ft
Amenities Nearby Park, Place of Worship, Public Transit, Schools
Features Lane, Lighting, Paved yard, Carpet Free, In-Law Suite
Listing Contract Date 2025-01-06
Location Description Davenport Rd and Dovercourt Rd
# of Parking Spaces 4
Property Type Single Family
Structures Deck, Patio(s)
Transaction Type For sale
Views City view
Building
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater - Tankless, Water Heater, Water meter, Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Washer, Window Coverings
Basement Features Apartment in basement, Walk out
Basement Type N/A
Cooling Type Wall unit
Exterior Finish Brick
Flooring Type Vinyl
Foundation Type Block
Heating Fuel Electric
Heating Type Heat Pump
Stories Total 2
Type Triplex
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
KitchenSecond level4.47 m x 6.42 m
Living roomSecond level4.47 m x 6.42 m
Primary BedroomSecond level3.82 m x 3.97 m
Bedroom 2Second level2.84 m x 2.62 m
Bedroom 2Lower level3.95 m x 2.39 m
Bedroom 3Lower level2.64 m x 2.63 m
KitchenLower level5.12 m x 4.83 m
Primary BedroomLower level3.63 m x 3.95 m
KitchenMain level4.21 m x 3.64 m
Living roomMain level4.88 m x 4.37 m
Primary BedroomMain level2.78 m x 3.47 m
Bedroom 2Main level2.69 m x 2.87 m
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size 23.29 x 103.26 FT ; Widens to 36.92' At Rear Laneway
Amenities Park, Place of Worship, Public Transit, Schools
Landscape Features Landscaped
Sewer Sanitary sewer
Size of Irregular Land 23.29 x 103.26 FT ; Widens to 36.92' At Rear Laneway

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