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!
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.
City: Toronto
Neighborhood: Corso Italia-Davenport
Located at 1250 Davenport Rd , this Toronto house was listed for $2,799,900. This house's size is 23.29 x 103.26 Feet. It has 4 bedrooms and 4 bathrooms. The property includes the following rooms: Kitchen, Living, Br, 2nd Br, Kitchen, Living, Br, 2nd Br, Kitchen, Br, 2nd Br, 3rd Br. This property comes with 4 parking spots. 1250 Davenport Rd, Toronto is situated in the Corso Italia-Davenport neighbourhood.
MLS#: W10412404 · $2,799,900 · 4 bedroom house in Corso Italia-Davenport, Toronto