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1250 Davenport Rd

Davenport Rd, Midtown, Toronto, ON, M6H 2G9

7
Beds
4
Baths
$2,699,900
List Price
Details
Photos
40
Comparables
History
1250 Davenport Rd, Toronto, ON - 1 of 3
1250 Davenport Rd, Toronto, ON - 2 of 3
1250 Davenport Rd, Toronto, ON - 3 of 3
34 days on market

Quick Summary

  • Professionally rebuilt & reimagined with permits
  • Crafted for low-maintenance & high-end living
  • Offered at a 4% cap rate with stable cash flow
  • Upgraded with gutted-to-bricks interior+exterior reno
  • Includes 3 laneway parking spots & 1-car garage
  • Zoning certificate for a 3-level, 1,300+ sq ft laneway house
  • Upper & lower units leased to AAA tenants
  • Ideal, low-maintenance investment opportunity

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... Show More

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! 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.

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Property Details

Size

Sq. Ft. Not Available
12 total rooms
7 Beds
4 Above Grade - 3 Below Grade
4 Baths

Parking

4 Parking Spaces
Detached

Build

Year Built
1974 - 1993
Model Name
-
Basement
Apartment
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
Vinyl Floor
Roof
-

Heating & Cooling

Heating
Heat Pump
Cooling
Wall Unit

Utilities

Water
-
Sewer
Sewers
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Rooms

Kitchen

21′0″ x 14′8″

Living

21′0″ x 14′8″

Br

13′0″ x 12′6″

2nd Br

8′7″ x 9′3″

Kitchen

11′11″ x 13′9″

Living

14′4″ x 16′0″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$5,972.66

Source

Listing Brokerage

MLS® Listing
W10428642
Last Updated
November 18, 2024
Brokerage
KELLER WILLIAMS PORTFOLIO REALTY
Call us 800-591-0566

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