3 Beds 3 Bath

1516 Davenport Road, Toronto W03, ON M6H 2H8

Toronto W03 M6H 2H8 Ontario

MLS: W12503360

$899,000

Added 12 hours ago | For Sale

Listed by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

About Property

Newly renovated Duplex featuring 3 x 1-bedroom units in the highly sought-after CorsoItalia-Davenport neighbourhood with stunning city views! This turnkey investment offers three bright, spacious units, all leased to excellent tenants (young professionals) with strong financials and great ROI - an ideal opportunity for investors seeking solid income and long-term growth. Recent Upgrades: New furnace (2025) - Roof (2014) - 25-year shingles, 15-year labour warranty (transferable to new owner); Water heater owned. Unit Features : Second Floor - Leased in 2021 - Elevated perch with views and abundant natural light.Main Floor - Leased in 2025 - Bright 1-bedroom with exclusive access to a 3-level backyard oasis with multiple terraces, fire pit (closed) , and breathtaking city views from the top of the back yard .Ground Floor - Leased in 2025 - 1-bedroom + den with parking. All units comes with Ensuite Laundry. Steps to public transit, shops, cafes, and restaurants -only 15 minutes to Downtown Toronto.Very motivated seller, and great opportunity for investors. Financials available upon request.

Features

  • House Style:Semi-Detached
  • Bathrooms:3
  • Land Size: 24.17 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Davenport Rd / Lansdowne Ave.
  • Basement:Apartment,Separate Entrance , Apartment,Separate Entrance
  • Possession Date:All units tenanted, 2 leased in 2025, 1 month to month lease in 2020
  • Annual Property taxes: $4600
  • Bedrooms:3 +1
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Heat Pump
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:W12503360

Level Type Features Dimensions
Main Living Room Laminate 10 ft, 5 in x 10 ft, 10 in
Dining Room Combined w/Kitchen, Laminate, W/O To Yard 11 ft, 4 in x 13 ft, 3 in
Kitchen Combined w/Dining 11 ft, 4 in x 13 ft, 3 in
Bedroom French Doors, Large Window, Closet 12 ft, 4 in x 11 ft
Ground Office French Doors, Broadloom 11 ft, 2 in x 7 ft, 8 in
Second Living Room 9 ft, 10 in x 15 ft, 2 in
Kitchen 8 ft, 9 in x 10 ft, 4 in
Bedroom 12 ft, 6 in x 9 ft, 4 in
Lower Recreation Combined w/Kitchen, Tile Floor 9 ft, 10 in x 10 ft, 4 in
Kitchen Tile Floor 14 ft x 9 ft, 8 in
Living Room Tile Floor 14 ft x 9 ft, 8 in
Bedroom Tile Floor, Closet 7 ft, 2 in x 9 ft, 10 in

No property rooms available.

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