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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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
Kitchen
Second level
4.47 m x 6.42 m
Living room
Second level
4.47 m x 6.42 m
Primary Bedroom
Second level
3.82 m x 3.97 m
Bedroom 2
Second level
2.84 m x 2.62 m
Bedroom 2
Lower level
3.95 m x 2.39 m
Bedroom 3
Lower level
2.64 m x 2.63 m
Kitchen
Lower level
5.12 m x 4.83 m
Primary Bedroom
Lower level
3.63 m x 3.95 m
Kitchen
Main level
4.21 m x 3.64 m
Living room
Main level
4.88 m x 4.37 m
Primary Bedroom
Main level
2.78 m x 3.47 m
Bedroom 2
Main level
2.69 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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