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1of10
Triplex for sale: 1250 DAVENPORT ROAD, Toronto
1250 Davenport Road
$2,599,000
Toronto , Ontario M6H2G9
7 bed
4 bath
About the Property

Davenport Rd and Dovercourt Rd Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined by Reve DVMT 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. 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! (id:27476)

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Property Details
MLS® Number
W11986178
Type
Multi-family
Community Name
Corso Italia-Davenport
Land Size
23.3 x 103.3 FT ; Widens to 36.92' At Rear Laneway
Parking Space Total
4
Building
Building Type
Triplex
Storeys
2
Square Footage
2499.9795 - 2999.975 sqft
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
7
Amenities
Separate Electricity Meters Park, Place of Worship, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Heat Pump
Heating Fuel
Electric
Building Cooling Type
Wall unit
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Room Layout
Kitchen
Second level
4.47 m x 6.42 m
Living room
Second level
4.47 m x 6.42 m
Primary Bedroom
Second level
3.82 m x 3.97 m
Bedroom 2
Second level
2.84 m x 2.62 m
Primary Bedroom
Lower level
5.12 m x 4.83 m
Bedroom 2
Lower level
3.95 m x 2.39 m
Bedroom 3
Lower level
2.64 m x 2.63 m
Kitchen
Lower level
5.12 m x 4.83 m
Living room
Lower level
5.12 m x 4.83 m
Kitchen
Main level
4.21 m x 3.64 m
Living room
Main level
4.88 m x 4.37 m
Primary Bedroom
Main level
2.78 m x 3.47 m
Bedroom 2
Main level
2.69 m x 2.87 m
Monthly Payment Calculator
$
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3.49%
5.5%
6%
7%
Years
15 Years
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25 Years
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Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: KELLER WILLIAMS PORTFOLIO REALTY

$2,599,000 - 1250 DAVENPORT ROAD, Toronto Ontario M6H 2G9, Canada | Real Estate For Sale | HomeAds.ca

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Updated March 31st 2025 5:55 am

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Darya Strilyana
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+1 .647 .896 .7668
Email
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