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$2,799,900
Available - For Sale
Listing ID: W10412404
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% 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 flow. An ideal, low-maintenance investment opportunity for the discerning buyer.
Price $2,799,900
Taxes: $5,972.66
Address: 1250 Davenport Rd , Toronto, M6H 2G9, Ontario
Lot Size: 23.29 x 103.26 (Feet)
Directions/Cross Streets: Davenport Rd and Dovercourt Rd
Rooms: 11
Rooms +: 6
Bedrooms: 4
Bedrooms +: 3
Washrooms: 4
Kitchens: 2
Kitchens +: 1
Family Room: N
Basement: Apartment
W/O
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: 2nd Kitchen 14.66 21.06 Quartz Counter, Stainless Steel Appl, W/O To Patio
Room 2: 2nd Living 14.66 21.06 Combined W/Kitchen, Window, Closet
Room 3: 2nd Br 12.53 13.02 Large Window, 3 Pc Ensuite, South View
Room 4: 2nd 2nd Br 9.32 8.59 Skylight, Closet, Vinyl Floor
Room 5: Main Kitchen 13.81 11.94 Quartz Counter, Stainless Steel Appl, W/O To Patio
Room 6: Main Living 16.01 14.33 Large Window, Closet, Pot Lights
Room 7: Main Br 9.12 11.38 Pot Lights, Large Closet, Large Window
Room 8: Main 2nd Br 8.82 9.41 Vinyl Floor, Window
Room 9: Lower Kitchen 16.79 15.84 Quartz Counter, Combined W/Living, W/O To Patio
Room 10: Lower Br 11.91 12.96 Window, Closet, Vinyl Floor
Room 11: Lower 2nd Br 12.96 7.84 Window, Vinyl Floor
Room 12: Lower 3rd Br 8.66 8.63 Window, Vinyl Floor
No. of Pieces Level
Washroom 1 3 2nd
Washroom 2 3 2nd
Washroom 3 3 Main
Washroom 4 3 Lower
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Lane
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 31-50
Property Features: Library
Park
Place Of Worship
Public Transit
School
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit
Sewers: Sewers
Water: Municipal
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KELLER WILLIAMS PORTFOLIO REALTY

1250 Davenport Rd , Toronto, M6H 2G9, Ontario


 
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At a Glance:
Type: Freehold - Triplex
Area: Toronto
Municipality: Toronto
Neighbourhood: Corso Italia-Davenport
Style: 2 1/2 Storey
Lot Size: 23.29 x 103.26(Feet)
Approximate Age: 31-50
Tax: $5,972.66
Maintenance Fee: $0
Beds: 4+3
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Independently owned and operated.
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