1250 Davenport Road Toronto, Ontario M6H 2G9
$2,699,900
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:24801)
Property Details
| MLS® Number | W11908863 |
| Property Type | Single Family |
| Community Name | Corso Italia-Davenport |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Features | Lane, Lighting, Paved Yard, 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 |
| 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 |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 103 Ft ,3 In |
| Size Frontage | 23 Ft ,3 In |
| Size Irregular | 23.29 X 103.26 Ft ; Widens To 36.92' At Rear Laneway |
| Size Total Text | 23.29 X 103.26 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 | 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 | Primary Bedroom | 3.63 m | 3.95 m | 3.63 m x 3.95 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 |
Contact Us
Contact us for more information
Paul King
Salesperson
3284 Yonge Street #100
Toronto, Ontario M4N 3M7
(416) 864-3888
(416) 864-3859
HTTP://www.kwportfolio.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 08 2025 01:56:29
Toronto Real Estate Board
Keller Williams Portfolio Realty