agent pic
1250 Davenport Road Image 1

$2,399,888

Apr 22Triplex For Sale
bedrooms7bed
washrooms6bath
MLS - #W12095540

1250 Davenport Road, Toronto W03, ON M6H 2G9

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Property Description

Property type

Triplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.47 x 6.42 mQuartz Counter, Stainless Steel Appl, W/O To PatioSecond
Living Room4.47 x 6.42 mCombined w/Kitchen, Window, ClosetSecond
Primary Bedroom3.82 x 3.97 mLarge Window, 3 Pc Ensuite, South ViewSecond
Bedroom 22.84 x 2.62 mSkylight, Closet, Vinyl FloorSecond

About 1250 Davenport Road

Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Property, professionally rebuilt & re-imagined by Reve DVMT with permits in 2021. This detached 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!

Home Overview

Last updated

Apr 29

Virtual tour

None

Basement information

Apartment

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

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Listed by KELLER WILLIAMS PORTFOLIO REALTY

Additional Details

Basement:Apartment
Cooling:Wall Unit(s)
Heating:Heat Pump
Parking Features:Lane

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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