Toronto W03 M6H 2G9 Ontario
MLS: W12095540
Added 3 days ago | For Sale
Listed by: KELLER WILLIAMS PORTFOLIO REALTY
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!
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Kitchen | Quartz Counter, Stainless Steel Appl, W/O To Patio | 13 ft, 10 in x 11 ft, 11 in |
| Living Room | Large Window, Closet, Pot Lights | 16 ft x 14 ft, 4 in | |
| Primary Bedroom | Pot Lights, Large Closet, Large Window | 9 ft, 1 in x 11 ft, 5 in | |
| Bedroom 2 | Vinyl Floor, Closet, Window | 8 ft, 10 in x 9 ft, 5 in | |
| Second | Kitchen | Quartz Counter, Stainless Steel Appl, W/O To Patio | 14 ft, 8 in x 21 ft, 1 in |
| Living Room | Combined w/Kitchen, Window, Closet | 14 ft, 8 in x 21 ft, 1 in | |
| Primary Bedroom | Large Window, 3 Pc Ensuite, South View | 12 ft, 6 in x 13 ft | |
| Bedroom 2 | Skylight, Closet, Vinyl Floor | 9 ft, 4 in x 8 ft, 7 in | |
| Lower | Kitchen | Quartz Counter, Combined w/Living, W/O To Patio | 16 ft, 10 in x 15 ft, 10 in |
| Living Room | Combined w/Kitchen, Large Window, Vinyl Floor | 16 ft, 10 in x 15 ft, 10 in | |
| Primary Bedroom | Window, Closet, Vinyl Floor | 11 ft, 11 in x 13 ft | |
| Bedroom 2 | Window, Closet, Vinyl Floor | 13 ft x 7 ft, 10 in | |
| Bedroom 3 | Window, Vinyl Floor | 8 ft, 8 in x 8 ft, 8 in |
No property rooms available.
