1250 Davenport Road, Toronto (corso Italia-Davenport), Ontario

$2,699,900

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7

Beds

4

Baths

About 1250 Davenport Road

Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined withpermits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAAtenants. Offered at a 4% cap rate, it offers two spacious 2-bedroom suites & a 3-bedroom ground-levelsuite with private walkout. Each unit includes separate entrances, private landscaped spaces & tenant-paidutilities via dedicated meters. Situated near Wychwood, Dovercourt, and Corso Italia, tenants enjoy fastaccess to transit, parks & amenities. Upgraded with gutted-to-bricks interior+exterior reno with all-newwindows+doors, kitchens & baths, & full plumbing, electrical & HVAC overhaul & Industrial steel+glassfeatures. Includes 3 laneway parking spots, a 1-car garage, & zoning certificate for a 3-level, 1,300+ sq ftlaneway house. Upper & lower units are leased to AAA tenants paying market rents, and owner-occupiedunit 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 seamlessmanagement and stable cash flow. An ideal, low-maintenance investment opportunity for the discerningbuyer. (id:36535)

Features of 1250 Davenport Road

Listing # W10428642
Price $2,699,900
Bedrooms 7
Bathrooms 4.00
Acres 0.00
Type Single Family

Community Information

Address 1250 Davenport Road
Subdivision Corso Italia-Davenport
City Toronto (corso Italia-Davenport)
Province Ontario
Postal Code M6H2G9

Amenities

Amenities Park, Place of Worship, Public Transit, Schools, Separate Heating Controls, Separate Electricity Meters
Features Irregular lot size, Lane, Lighting, Carpet Free
Parking Spaces 4
Parking Detached Garage
# of Garages 1
View City view
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater - Tankless, Water Heater, Water meter, Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Washer
Heating Electric Heat Pump
Cooling Wall unit
Fireplace No
# of Stories 2
Has Basement No
Basement Apartment in basement

Exterior

Exterior Brick
Exterior Features Landscaped
Lot Description 23.29 x 103.26 FT ; Widens to 36.92' At Rear Laneway
Foundation Block

Listing Details

OfficeCourtesy Of PAUL KING Of KELLER WILLIAMS PORTFOLIO REALTY

Listing Map