1250 Davenport RD Active Save Request In-Person Tour Request Virtual Tour
Toronto W03,ON M6H 2G9
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Corso Italia-Davenport
MLS Listing ID W12067114
Style 2-Storey
Bedrooms 4
Building Age 31-50
Annual Tax Amount $5,972
Tax Year 2024
Property Sub-Type Detached
Property Description
Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined by Reve DVMT with permits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAA tenants. 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. Photos are virtually staged. Over $116K Net Operating Income. 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. And with the new major streets by-law allowing for up to 6 stories and 10 units on Davenport, there is plenty of future development opportunity. Don't miss this unique investment!
Location
Province ON
County Toronto
Community Corso Italia-Davenport
Area Toronto
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 3
Interior
Interior Features Accessory Apartment,Carpet Free,In-Law Capability,In-Law Suite,On Demand Water Heater,Primary Bedroom - Main Floor,Separate Heating Controls,Separate Hydro Meter,Water Heater Owned,Water Meter
Cooling Wall Unit(s)
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Deck,Lighting,Patio
Parking Features Lane
Garage Spaces 1.0
Pool None
View City
Roof Type Asphalt Shingle
Lot Frontage 23.29
Lot Depth 102.36
Total Parking Spaces 4
Building
Unit Features Library,Place Of Worship,Public Transit,School
Foundation Block
Others
Security Features Carbon Monoxide Detectors,Smoke Detector