1250 Davenport Rd

Toronto W03 | Corso Italia-Davenport | M6H 2G9
  • 4 + 3
  • 4
  • 0

$2,699,900

Est. Mtg $9,154 /mo
  • Days on market

    4

  • Status

    New

Listing Broker KELLER WILLIAMS PORTFOLIO REALTY
Since listed: 0 views

Home details

MLS #:

W10428642

Property type:
Triplex
Style:
2-Storey
Taxes:
$5,973
Possession:
30-90 flex
Lot Front:
23.29   Feet
Lot Depth:
103.26   Feet
Basement:
Apartment |
Driveway Pkg:
3
Heat:
Electric | Heat Pump

Description


1250 Davenport Rd, , Toronto, Ontario is a Triplex property in Toronto W03 and in the Corso Italia-Davenport community in the M6H 2G9 postal code


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..


History

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List Date End Date List Price End Price Status MLS #
2021-03 2021-03 $975,000 $1,271,000 Sld W5149750
2024-11 2024-11 $2,799,900 $2,799,900 Ter W10412404
2024-11 2024-11 $2,699,900 $2,699,900 New W10428642

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto W03 :

Average sale price

$906,720

Properties sold

78

New Listings

158

Days on Market

20

Sale $ / List $

104%

Year on Year Growth

-0.38%



Estimated running costs for 1250 Davenport Rd

Based on available 3rd party data

$9787

Approximate costs per month

Mortgage
$9154 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$497 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Library
  • Park
  • Place Of Worship
  • Public Transit
  • School
Listing Broker KELLER WILLIAMS PORTFOLIO REALTY
Data Source: TRREB

Payment calculator

$9652 monthly. In association with: TD Bank
%
  • Principal and Interest
    9154 /mo
  • Property Taxes
    $497 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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