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. (id:51648)
| MLS® Number | W11908863 |
| Property Type | Single Family |
| Community Name | Corso Italia-Davenport |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Features | Lane, Lighting, Paved Yard, Carpet Free, In-law Suite |
| Parking Space Total | 4 |
| Structure | Deck, Patio(s) |
| View Type | City View |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 7 |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater - Tankless, Water Heater, Water Meter, Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Washer, Window Coverings |
| Basement Features | Apartment In Basement, Walk Out |
| Basement Type | N/a |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Flooring Type | Vinyl |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Heat Pump |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Detached Garage |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 103 Ft ,3 In |
| Size Frontage | 23 Ft ,3 In |
| Size Irregular | 23.29 X 103.26 Ft ; Widens To 36.92' At Rear Laneway |
| Size Total Text | 23.29 X 103.26 Ft ; Widens To 36.92' At Rear Laneway |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 4.47 m | 6.42 m | 4.47 m x 6.42 m |
| Second Level | Living Room | 4.47 m | 6.42 m | 4.47 m x 6.42 m |
| Second Level | Primary Bedroom | 3.82 m | 3.97 m | 3.82 m x 3.97 m |
| Second Level | Bedroom 2 | 2.84 m | 2.62 m | 2.84 m x 2.62 m |
| Lower Level | Bedroom 2 | 3.95 m | 2.39 m | 3.95 m x 2.39 m |
| Lower Level | Bedroom 3 | 2.64 m | 2.63 m | 2.64 m x 2.63 m |
| Lower Level | Kitchen | 5.12 m | 4.83 m | 5.12 m x 4.83 m |
| Lower Level | Primary Bedroom | 3.63 m | 3.95 m | 3.63 m x 3.95 m |
| Main Level | Kitchen | 4.21 m | 3.64 m | 4.21 m x 3.64 m |
| Main Level | Living Room | 4.88 m | 4.37 m | 4.88 m x 4.37 m |
| Main Level | Primary Bedroom | 2.78 m | 3.47 m | 2.78 m x 3.47 m |
| Main Level | Bedroom 2 | 2.69 m | 2.87 m | 2.69 m x 2.87 m |
Contact us for more information
Paul King
Salesperson
(416) 864-3888
(416) 864-3859
HTTP://www.kwportfolio.ca
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