1250 Davenport Road Toronto, Ontario M6H 2G9
$2,299,888
Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Opportunity. Expertly rebuilt & re-imagined by Reve DVMT with permits in 2021, this legal triplex is designed to deliver low-maintenance, high-end living that attracts AAA tenants. Offering incredible versatility, it features two spacious 2-bedroom suites (both will be vacant on possession) & a 3-bedroom ground-level suite with a private walkout. Perfect for co-owners, multi-generational families or savvy investors. Each unit boasts separate entrances, private landscaped spaces, spacious units with great storage, upgraded kitchens & baths, high end & durable finishes, & dedicated meters for easy allocation of utility payments. Situated near vibrant Wychwood, Dovercourt, & Corso Italia neighbourhoods, residents will enjoy easy access to transit, parks, & local amenities. The property underwent a gut-to-bricks renovation, showcasing meticulous craftsmanship with all-new windows, doors, kitchens, baths, & a full overhaul of plumbing, electrical, & HVAC systems. Industrial steel-and-glass accents add a modern edge to its premium finishes. Additional highlights include: 3 laneway parking spaces & a 1-car garage for a total of 4 parking spaces. Zoning certificate in place to build a 3-level, 1,300+ sq. ft. laneway house. Rent potential: $129K gross/$116K net, based on historical performance, it is priced at an attractive 5% cap rate! Simply buy it & earn right away, no work to be done! Available vacant on possession after September 1. With the new major streets by-law permitting up to 6 stories & 10 units on Davenport, there is also exciting future development potential. Whether you're seeking a stable, low-maintenance income property, a great place to share with friends or family, or a growth-oriented investment, 1250 Davenport delivers. Don't miss this rare opportunity to own a meticulously designed, high-performing asset in one of Toronto's most dynamic neighbourhoods! *Note some photos virtually staged. (id:60365)
Property Details
| MLS® Number | W12173612 |
| Property Type | Multi-family |
| Community Name | Corso Italia-Davenport |
| AmenitiesNearBy | Place Of Worship, Public Transit, Schools |
| Features | Irregular Lot Size, Lane, Lighting, Carpet Free, In-law Suite |
| ParkingSpaceTotal | 4 |
| Structure | Deck, Patio(s) |
| ViewType | City View |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 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 |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick |
| FireProtection | Smoke Detectors |
| FlooringType | Vinyl |
| FoundationType | Block |
| HeatingFuel | Electric |
| HeatingType | Heat Pump |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 102 Ft ,4 In |
| SizeFrontage | 23 Ft ,3 In |
| SizeIrregular | 23.3 X 102.4 Ft ; Widens To 36.92' At Rear Laneway |
| SizeTotalText | 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 |
| Electricity | Installed |
| Sewer | Installed |
Paul King
Salesperson
3284 Yonge Street #100
Toronto, Ontario M4N 3M7
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June 14 2025 04:17:41
Toronto Real Estate Board
Keller Williams Portfolio Realty
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