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 4.3% 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 flowan ideal, low-maintenance investment opportunity for the discerning buyer.
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Approx. Age:
31-50
Depth:
103'3⅛"31.5 m
Frontage:
23'3½"7.1 m
Lot Shape:
Pie
Direction Faces:
North
Bedrooms:
4+3
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
3
Kitchens Above Grade:
2
Rooms Above Grade:
11
Rooms Below Grade:
6
Ensuite Laundry:
No
Heating type:
Heat Pump
Heating Fuel:
Electric
Foundation:
Block
Roof:
Shingles
Basement:
Apartment, Walk-Out
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
1.0
Parking Features:
Lane
Parking Spaces:
3
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
30-90 flex
Lot Irregularities:
Widens to 36.92' At Rear Laneway
Pool:
None
HST Applicable To Sale Price:
Included
Taxes:
$5,972.66 /
2024
Assessment:
$- /
-
Toronto W03
Corso Italia-Davenport
Toronto
Library, Park, Place Of Worship, Public Transit, School
Accessory Apartment, Carpet Free, In-Law Capability, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned, Water Meter
Deck, Landscaped, Patio, Lighting, Paved Yard
Existing appliances: 3 sets of Samsung ranges, fridges, & stovetop microwave+vent fans, 3 Bosch dishwashers, 3 LG washers and LG dryers. Tankless hot water heater. All Electric Light Fixtures. Window coverings except those belonging to tenants.
Any fixtures installed and/or owned by tenants
Brick
City
Floor
Type
Size
Other
Second
Kitchen
6'5"1.96 m × 4'6"1.36 m
W/O To Patio, Quartz Counter, Stainless Steel Appl
Second
Living Room
6'5"1.96 m × 4'6"1.36 m
Closet, Combined w/Kitchen, Window
Second
Primary Bedroom
4'1.21 m × 3'10"1.16 m
3 Pc Ensuite, Large Window, South View
Second
Bedroom 2
2'10".87 m × 2'7½".80 m
Closet, Skylight, Vinyl Floor
Main
Kitchen
4'2½"1.28 m × 3'8"1.11 m
W/O To Patio, Quartz Counter, Stainless Steel Appl
Main
Living Room
4'10½"1.49 m × 4'4½"1.33 m
Large Window, Closet, Pot Lights
Main
Primary Bedroom
3'6"1.06 m × 2'9".85 m
Pot Lights, Large Closet, Large Window
Main
Bedroom 2
2'10½".87 m × 2'8".82 m
Vinyl Floor, Closet, Window
Lower
Kitchen
5'1½"1.56 m × 4'10"1.47 m
Quartz Counter, Combined w/Living, W/O To Patio
Lower
Primary Bedroom
3'11"1.20 m × 3'7½"1.11 m
Window, Closet, Vinyl Floor
Lower
Bedroom 2
3'11"1.20 m × 2'5".73 m
Vinyl Floor, Window
Lower
Bedroom 3
2'8".80 m × 2'7½".80 m
Vinyl Floor, Window
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Wall Unit(s)
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Level:
Main Level
Date Listed:
Jan 06, 2025
Original Price:
$2,699,900
Exterior Front
Exterior Front
Main Unit Living Room
Main Unit Living Room
Main Unit Bathroom
Main Unit Primary Bedroom
Main Unit Primary Bedroom
Main Unit Second Bedroom
Main Unit Kitchen
Main Unit Kitchen
Main Unit Kitchen
Main Unit Patio
Main Unit Patio
Upper Unit Kitchen
Upper Unit Kitchen
Upper Unit Primary Bedroom
Upper Unit Primary Bedroom
Upper Unit Primary Bedroom Ensuite Bath
Upper Unit Primary Bedroom Ensuite Bath
Upper Unit Hallway
Upper Unit Second Bedroom
Upper Unit Second Bedroom
Upper Unit Second Bathroom
Upper Unit Second Bathroom
Upper Unit Patio
Upper Unit Patio
Upper Unit Patio
Lower Unit Entry and Patio
Lower Unit Kitchen and Living
Lower Unit Kitchen and Living
Lower Unit Kitchen
Lower Unit Primary Bedroom
Lower Unit Primary Bedroom
Lower Unit Bathroom
Lower Unit Bathroom
Lower Unit Second Bedroom
Lower Unit Third Bedroom
3 Car Parking + 1 Car Garage = total 4 Car Parking
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