Property type
Detached
Lot size
N/A
Style
2-Storey
Approx. Area
1500-2000 Sqft
Room Type | Dimension (length x width) | Features | Level |
---|---|---|---|
Kitchen | 4.47 x 6.42 m | Quartz Counter, Stainless Steel Appl, W/O To Patio | Second |
Living Room | 4.47 x 6.42 m | Combined w/Kitchen, Window, Closet | Second |
Primary Bedroom | 3.82 x 3.97 m | Large Window, 3 Pc Ensuite, South View | Second |
Bedroom 2 | 2.84 x 2.62 m | Skylight, Closet, Vinyl Floor | Second |
Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined 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, 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. Photos are virtually staged. Over $116K Net Operating Income. Premium finishes, high-quality tenants, and thoughtful design for seamless management and stable cash flow - an ideal, low-maintenance investment opportunity for the discerning buyer. 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!
Last updated
3 days ago
Virtual tour
None
Basement information
Apartment
Building size
--
Status
In-Active
Property sub type
Detached
Maintenance fee
$N/A
Year built
2024
Sales Representative, Dolphin Realty Inc
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