REQUEST A TOUR
In-PersonVirtual Tour
$ 2,799,900
Est. payment | /mo
7 Beds
4 Baths
$ 2,799,900
Est. payment | /mo
7 Beds
4 Baths
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Corso Italia-Davenport
MLS® Listing ID W10412404
Bedrooms 7
Originating Board Toronto Regional Real Estate Board
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% 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. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 3.84 m X 6.48 m Kitchen
Extra Room 2 Second level 3.84 m X 6.48 m Living room
Extra Room 3 Second level 4.37 m X 4.02 m Bedroom
Extra Room 4 Second level 2.76 m X 2.56 m Bedroom 2
Extra Room 5 Lower level 2.76 m X 4.34 m Bedroom 2
Extra Room 6 Lower level 2.76 m X 2.56 m Bedroom 3
Interior
Heating Heat Pump
Cooling Wall unit
Flooring Vinyl
Exterior
Garage Yes
Waterfront No
View Y/N Yes
View City view
Total Parking Spaces 4
Private Pool No
Building
Lot Description Landscaped
Story 2.5
Sewer Sanitary sewer