Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined withpermits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAAtenants. Offered at a 4% cap rate, it offers two spacious 2-bedroom suites & a 3-bedroom ground-levelsuite with private walkout. Each unit includes separate entrances, private landscaped spaces & tenant-paidutilities via dedicated meters. Situated near Wychwood, Dovercourt, and Corso Italia, tenants enjoy fastaccess to transit, parks & amenities. Upgraded with gutted-to-bricks interior+exterior reno with all-newwindows+doors, kitchens & baths, & full plumbing, electrical & HVAC overhaul & Industrial steel+glassfeatures. Includes 3 laneway parking spots, a 1-car garage, & zoning certificate for a 3-level, 1,300+ sq ftlaneway house. Upper & lower units are leased to AAA tenants paying market rents, and owner-occupiedunit 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 seamlessmanagement and stable cash flow. An ideal, low-maintenance investment opportunity for the discerningbuyer.
EXTRAS: Irregular lot size, Lane, Lighting, Carpet Free
Virtual Tour: https://www.youtube.com/watch?v=VF-HrZCyIy8&feature=youtu.be
Last updated on : Tuesday 19th of November 2024 08:48:54 AM
Street : 1250 DAVENPORT ROAD
City : Toronto (Corso Italia-Davenport)
Province : Ontario
Country : Canada
Postal Code : M6H2G9
Property ID : W10428642
Building Type : Triplex
Property Type : Single Family
Bedrooms : 4 + 3
Bathrooms : 4
Parking : 4