1250 Davenport RD Active Save Request In-Person Tour Request Virtual Tour
Toronto W03,ON M6H 2G9
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Corso Italia-Davenport
MLS Listing ID W12095540
Style 2-Storey
Bedrooms 7
Building Age 31-50
Annual Tax Amount $5,972
Tax Year 2024
Property Sub-Type Triplex
Appx SqFt 1500-2000
Property Description
Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Property, professionally rebuilt & re-imagined by Reve DVMT with permits in 2021. This detached 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 Village, and Corso Italia, tenants enjoy fast access to transit, parks & amenities. Upgraded with gutted-to-bricks interior+exterior reno, all-new windows+doors, kitchens & baths; full plumbing, electrical & HVAC overhaul; industrial steel+glass features. Includes 3 laneway parking spots, + a 1-car garage for total of 4 parking spaces. Upper Unit will be vacant as of July 1, Main Unit willing to stay to go on buyer preference. Lower Unit on lease until August 31 (AAA Tenant). Rent potential $129K gross $116K Net (based based on performance over past 2 years). Premium finishes, high-quality rent-able suites, and thoughtful design for seamless management and stable cash flow - an ideal, low-maintenance investment opportunity for the discerning buyer. Note: photos are virtually staged. Zoning certificate obtained for a 3-level, 1,300+ sq ft laneway house, 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
Kitchen 3
Interior
Cooling Wall Unit(s)
Exterior
Exterior Feature Deck,Lighting,Patio
Parking Features Lane
Garage Spaces 1.0
Pool None
View City
Roof Type Asphalt Shingle
Building
Foundation Block