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Fantastic investment opportunity! 2 Multi-unit store apartments merged into 1, with 2 addresses. Owner occupied main and lower levelat 1357 will be vacant on closing, and can drastically improve income immediately. Was a former thriving real estate office. Zoned CR1.5, bylaw section attached to listing. Currently zoned for both commercial & residential use. Please rely on own due diligence forzoning. Flat roof replaced in portions in 2022. Sign on roof provides income as well. Lane parking to detached garage on remote and 3parking spots. Amazing opportunity. Really amazing views of Toronto Skyline. Financials attached to listing.
Property includes four 1-bedroom units, one 2-bedroom unit, one bachelor unit (owner occupied), and 2 main floor retail spaces (owneroccupied - not used as retail but zoning unchanged). 4 total parking via lane off Bristol or Dufferin.
City: Toronto
Neighborhood: Dovercourt-Wallace Emerson-Junction
Purchase Price | $2899900 |
Down Payment | $579980 |
Mortgage Insurance | $0 |
Total Mortgage | $2319920 |
Mortgage Payment | $14296 |
Property Taxes | $2362 |
Maintenance Fees | $0 |
Monthly Payment | $16658 |
Sold Comparables homes near 1357/59 Davenport Rd, Toronto
Located at 1357/59 Davenport Rd , this Toronto house is available for sale. This property was listed for $2,899,900 on Wed Aug 21 2024. This house's size is 5000+ Sqft. It has 5 bedrooms and 8 bathrooms. The property includes the following rooms: Office, Common Rm, Office, Office, Br, Kitchen, Living, Kitchen, Prim Bdrm, Living, Kitchen, Prim Bdrm. This property comes with 4 parking spots. 1357/59 Davenport Rd, Toronto is situated in the Dovercourt-Wallace Emerson-Junction neighbourhood.
MLS#: W9263979 · $2,899,900 · 5 bedroom house in Dovercourt-Wallace Emerson-Junction, Toronto