7 Bedroom
4 Bathroom
1500 - 2000 sqft
Wall Unit
Heat Pump
$2,399,888
Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Property, professionally rebuilt & re-imagined by Reve DVMT with permits in 2021. This 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! (id:50787)
Property Details
|
MLS® Number
|
W12095540 |
|
Property Type
|
Single Family |
|
Community Name
|
Corso Italia-Davenport |
|
Amenities Near By
|
Place Of Worship, Public Transit, Schools |
|
Features
|
Irregular Lot Size, Lane, Lighting, Carpet Free, In-law Suite |
|
Parking Space Total
|
4 |
|
Structure
|
Deck, Patio(s) |
|
View Type
|
City View |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Below Ground
|
3 |
|
Bedrooms Total
|
7 |
|
Age
|
31 To 50 Years |
|
Amenities
|
Separate Heating Controls, Separate Electricity Meters |
|
Appliances
|
Water Heater - Tankless, Water Heater, Water Meter, Dishwasher, Dryer, Microwave, Range, Stove, Washer, Window Coverings, Refrigerator |
|
Basement Features
|
Apartment In Basement |
|
Basement Type
|
N/a |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Wall Unit |
|
Exterior Finish
|
Brick |
|
Fire Protection
|
Smoke Detectors |
|
Flooring Type
|
Vinyl |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Heat Pump |
|
Stories Total
|
2 |
|
Size Interior
|
1500 - 2000 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Place Of Worship, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
102 Ft ,4 In |
|
Size Frontage
|
23 Ft ,3 In |
|
Size Irregular
|
23.3 X 102.4 Ft ; Widens To 36.92' At Rear Laneway |
|
Size Total Text
|
23.3 X 102.4 Ft ; Widens To 36.92' At Rear Laneway |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Kitchen |
4.47 m |
6.42 m |
4.47 m x 6.42 m |
|
Second Level |
Living Room |
4.47 m |
6.42 m |
4.47 m x 6.42 m |
|
Second Level |
Primary Bedroom |
3.82 m |
3.97 m |
3.82 m x 3.97 m |
|
Second Level |
Bedroom 2 |
2.84 m |
2.62 m |
2.84 m x 2.62 m |
|
Lower Level |
Primary Bedroom |
3.63 m |
3.95 m |
3.63 m x 3.95 m |
|
Lower Level |
Bedroom 2 |
3.95 m |
2.39 m |
3.95 m x 2.39 m |
|
Lower Level |
Bedroom 3 |
2.64 m |
2.63 m |
2.64 m x 2.63 m |
|
Lower Level |
Kitchen |
5.12 m |
4.83 m |
5.12 m x 4.83 m |
|
Lower Level |
Living Room |
5.12 m |
4.83 m |
5.12 m x 4.83 m |
|
Main Level |
Kitchen |
4.21 m |
3.64 m |
4.21 m x 3.64 m |
|
Main Level |
Living Room |
4.88 m |
4.37 m |
4.88 m x 4.37 m |
|
Main Level |
Primary Bedroom |
2.78 m |
3.47 m |
2.78 m x 3.47 m |
|
Main Level |
Bedroom 2 |
2.69 m |
2.87 m |
2.69 m x 2.87 m |
Utilities
|
Cable
|
Available |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/28195929/1250-davenport-road-toronto-corso-italia-davenport-corso-italia-davenport
