1250 Davenport Road For Sale

Toronto, Corso Italia-Davenport, M6H 2G9

$2,399,888

Description

Listed by KELLER WILLIAMS PORTFOLIO REALTY.

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!

Existing appliances: 3 sets of Samsung ranges, fridges, & stovetop microwave+vent fans, 3 Bosch dishwashers, 3 LG washers and LG dryers. Tankless hot water heater. All Electric Light Fixtures. Window coverings except those belonging to tenants.

Location

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  • Address: 1250 Davenport Road
  • Neighborhood: Corso Italia-Davenport
  • City: Toronto
  • State: Ontario
  • Postal Code: M6H 2G9

Property Details

  • Property ID: W12095540
  • Property Price: $2,399,888
  • Style: Triplex, 2-Storey
  • Sq/Ft: 1500-2000
  • Rooms: 11+6
  • Bedrooms: 4+3
  • Bath: 4
  • Garages Spaces: 1
  • Garage: Detached
  • Parking Spaces: 4
  • Year Built: 31-50
  • A/C: Wall Unit
  • Basement: Apartment
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Heat Pump
  • Fireplace: N
  • Taxes: $5,972.66 (2024)
  • Lot: 102.36x23.29 (Feet) - Y

Room details and dimensions

Statistics for similar Triplex homes in Corso Italia-Davenport

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Triplex homes in Corso Italia-Davenport

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Triplex homes in Corso Italia-Davenport

Property History

This property has been sold 5 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100