ON > Toronto W02 > Dovercourt-Wallace Emerson-Junction
Toronto W02, ON M6H 2H6,1463 Davenport RD
Toronto W02, ON M6H 2H6,1463 Davenport RD
Toronto W02, ON M6H 2H6,1463 Davenport RD
Toronto W02, ON M6H 2H6,1463 Davenport RD
Toronto W02, ON M6H 2H6,1463 Davenport RD
Toronto W02, ON M6H 2H6,1463 Davenport RD
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 5,200,000
Est. payment | /mo

12 Baths

11,500 SqFt

Save Virtual Tour
$ 5,200,000
Est. payment | /mo
Save Virtual Tour

12 Baths

11,500 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 11,500 sqft

Price per Sqft $452

Subdivision Dovercourt-Wallace Emerson-Junction

MLS Listing ID W12490262

Annual Tax Amount $27,237

Tax Year 2025

Property Sub-Type Investment

Property Description

Rare investment opportunity offering a 4.88% cap rate with 32% upside in rents - acquire the Iron Factory Lofts, a boutique two-storey hard loft corner building in the heart of the Junction-Davenport neighbourhood. This 11,500 SF mixed-use property features 11 authentic loft-style residential units with soaring 14-foot ceilings, exposed industrial details, abundant natural light, and private terraces, plus one ground-floor commercial retail space. The property generates a Net Operating Income (NOI) of $254,000 (inclusive of management fees, repairs & maintenance, salaries, structural reserves, and appliance reserves). This investment provides stable in-place income with significant value-add rental upside.

Location

Province ON

County Toronto

Community Dovercourt-Wallace Emerson-Junction

Area Toronto

Zoning Residential

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 79.0

Lot Depth 101.0

Others

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/1463_davenport_rd_toronto_on/

Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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