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$2,399,888
1250 DAVENPORT ROAD
Toronto, Ontario, Ontario, M6H2G9
MLS® Number: W12095540
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 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!
Building information
Type
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Basement Features
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Basement Type
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Fire Protection
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Flooring Type
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
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Sewer
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Size Depth
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Rooms
Main level
Bedroom 2
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Primary Bedroom
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Living room
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Kitchen
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Lower level
Living room
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Kitchen
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Bedroom 3
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Bedroom 2
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Primary Bedroom
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Second level
Bedroom 2
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Primary Bedroom
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Living room
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Kitchen
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Courtesy of KELLER WILLIAMS PORTFOLIO REALTY
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