Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined with permits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAA tenants. Offered at a 4% cap rate, 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, and Corso Italia, tenants enjoy fast access to transit, parks & amenities. Upgraded with gutted-to-bricks interior+exterior reno with all-new windows+doors, kitchens & baths, & full plumbing, electrical & HVAC overhaul & Industrial steel+glass features. Includes 3 laneway parking spots, a 1-car garage, & zoning certificate for a 3-level, 1,300+ sq ft laneway house. Upper & lower units are leased to AAA tenants paying market rents, and owner-occupied unit 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 seamless management and stable cash flow. An ideal, low-maintenance investment opportunity for the discerning buyer. |
Price | $2,799,900 |
Taxes: | $5972.66 |
Address: | 1250 Davenport Rd , Toronto, M6H 2G9, Ontario |
Lot Size: | 23.29 x 103.26 (Feet) |
Directions/Cross Streets: | Davenport Rd and Dovercourt Rd |
Rooms: | 11 |
Rooms +: | 6 |
Bedrooms: | 4 |
Bedrooms +: | 3 |
Kitchens: | 2 |
Kitchens +: | 1 |
Family Room: | N |
Basement: | Apartment, W/O |
Approximatly Age: | 31-50 |
Property Type: | Triplex |
Style: | 2 1/2 Storey |
Exterior: | Brick |
Garage Type: | Detached |
(Parking/)Drive: | Lane |
Drive Parking Spaces: | 3 |
Pool: | None |
Approximatly Age: | 31-50 |
Property Features: | Library, Park, Place Of Worship, Public Transit, School |
Fireplace/Stove: | N |
Heat Source: | Electric |
Heat Type: | Heat Pump |
Central Air Conditioning: | Wall Unit |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KELLER WILLIAMS PORTFOLIO REALTY |
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Type: | Freehold - Triplex |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Corso Italia-Davenport |
Style: | 2 1/2 Storey |
Lot Size: | 23.29 x 103.26(Feet) |
Approximate Age: | 31-50 |
Tax: | $5,972.66 |
Beds: | 4+3 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |