1357/59 Davenport Rd

Toronto W02 | Dovercourt-Wallace Emerson-Junction | M6H 2H5
  • 5 + 2
  • 8
  • 0

$2,899,900

Est. Mtg $9,833 /mo
  • Days on market

    45

  • Status

    New

Listing Broker ROYAL LEPAGE SIGNATURE REALTY
Since listed: 2 views

Home details

MLS #:

W9263979

Property type:
Detached
Style:
2-Storey
Taxes:
$28,345
Possession:
60 days/TBA
Lot Front:
45.0   Feet
Lot Depth:
120.0   Feet
Basement:
Apartment | W/O
Driveway Pkg:
3
Heat:
Electric | Baseboard

Description


1357/59 Davenport Rd, , Toronto, Ontario is a Detached property in Toronto W02 and in the Dovercourt-Wallace Emerson-Junction community in the M6H 2H5 postal code


Fantastic investment opportunity! 2 Multi-unit store apartments merged into 1, with 2 addresses. Owner occupied main and lower levelat 1357 will be vacant on closing, and can drastically improve income immediately. Was a former thriving real estate office. Zoned CR1.5, bylaw section attached to listing. Currently zoned for both commercial & residential use. Please rely on own due diligence forzoning. Flat roof replaced in portions in 2022. Sign on roof provides income as well. Lane parking to detached garage on remote and 3parking spots. Amazing opportunity. Really amazing views of Toronto Skyline. Financials attached to listing..

Extras

Property includes four 1-bedroom units, one 2-bedroom unit, one bachelor unit (owner occupied), and 2 main floor retail spaces (owneroccupied - not used as retail but zoning unchanged). 4 total parking via lane off Bristol or Dufferin..


History

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List Date End Date List Price End Price Status MLS #
2024-04 2024-08 $3,000,000 $3,000,000 Exp W8240568
2024-08 2024-08 $2,899,900 $2,899,900 New W9263979
2022-12 $3,988,000 $3,988,000 W5729750
2024-08 $2,899,900 $2,899,900 W9264070
2023-06 $3,750,000 $3,750,000 W5859800
2024-08 $3,000,000 $3,000,000 W8240574

Comparables

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sold Date Address List Price sold Price DOM
2024-03 4 Burnfield Ave, $1,399,000 $1,625,000 8
2023-08 120 Brandon Ave, $1,424,900 $1,320,000 23
2023-02 77 Salem Ave, $1,459,999 $1,350,000 130
2022-11 250 Symington Ave, $1,559,000 $1,488,000 51
2022-05 6 Melville Ave, $1,499,999 $1,410,000 34
2021-02 416 Bartlett Ave N, $1,499,900 $1,550,000 4
2018-07 66 Wallace Ave, $1,249,000 $1,355,000 1

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Toronto W02 :

Properties sold

20

Average sale price

$1,073,350

New Listings

44

Year on Year Growth

-3.00%

Municipality activity All Property Types

Sale activity

Toronto W02 :

Average sale price

$998,963

Properties sold

41

New Listings

97

Days on Market

13

Sale $ / List $

109%

Year on Year Growth

-3.78%


Sale Chart - Detached

Toronto W02 Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 1357/59 Davenport Rd

Based on available 3rd party data

$12330

Approximate costs per month

Mortgage
$9833 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$2362 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL LEPAGE SIGNATURE REALTY
Data Source: TRREB

Payment calculator

$12195 monthly. In association with: TD Bank
%
  • Principal and Interest
    9833 /mo
  • Property Taxes
    $2362 /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

Amadore Zhao, Realtor

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