Fawad Nissari - Real Estate Agent
1250 Davenport RD new 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 2500-3000
Subdivision Corso Italia-Davenport
MLS Listing ID W11986178
Style 2-Storey
Bedrooms 7
Annual Tax Amount $5,972
Tax Year 2024
Property Sub-Type Triplex
Property Description
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 4.5% 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. 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. Don't miss this unique investment!
Location
Province ON
County Toronto
Community Corso Italia-Davenport
Area Toronto
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 3
Interior
Interior Features Accessory Apartment,Carpet Free,In-Law Capability,In-Law Suite,Primary Bedroom - Main Floor,Separate Hydro Meter,Upgraded Insulation,Water Heater Owned
Cooling Wall Unit(s)
Inclusions 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.
Exterior
Exterior Feature Deck,Landscaped,Lighting,Patio
Parking Features Lane
Garage Spaces 1.0
Pool None
View City
Roof Type Shingles
Lot Frontage 23.29
Lot Depth 103.26
Total Parking Spaces 4
Building
Foundation Block
Others
Senior Community Yes