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1250 DAVENPORT ROAD, Toronto, Ontario

$2,299,888

7 Beds
4 Baths

Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Opportunity. Expertly rebuilt & re-imagined by Reve DVMT with permits in 2021, this legal triplex is designed to deliver low-maintenance, high-end living that attracts AAA tenants. Offering incredible versatility, it features two spacious 2-bedroom suites (both will be vacant on possession) & a 3-bedroom ground-level suite with a private walkout. Perfect for co-owners, multi-generational families or savvy investors. Each unit boasts separate entrances, private landscaped spaces, spacious units with great storage, upgraded kitchens & baths, high end & durable finishes, & dedicated meters for easy allocation of utility payments. Situated near vibrant Wychwood, Dovercourt, & Corso Italia neighbourhoods, residents will enjoy easy access to transit, parks, & local amenities. The property underwent a gut-to-bricks renovation, showcasing meticulous craftsmanship with all-new windows, doors, kitchens, baths, & a full overhaul of plumbing, electrical, & HVAC systems. Industrial steel-and-glass accents add a modern edge to its premium finishes. Additional highlights include: 3 laneway parking spaces & a 1-car garage for a total of 4 parking spaces. Zoning certificate in place to build a 3-level, 1,300+ sq. ft. laneway house. Rent potential: $129K gross/$116K net, based on historical performance, it is priced at an attractive 5% cap rate! Simply buy it & earn right away, no work to be done! Available vacant on possession after September 1. With the new major streets by-law permitting up to 6 stories & 10 units on Davenport, there is also exciting future development potential. Whether you're seeking a stable, low-maintenance income property, a great place to share with friends or family, or a growth-oriented investment, 1250 Davenport delivers. Don't miss this rare opportunity to own a meticulously designed, high-performing asset in one of Toronto's most dynamic neighbourhoods! *Note some photos virtually staged. (id:23309)

Listing ID: W12173612
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	4.47 m x 6.42 m
Living room	Second level	4.47 m x 6.42 m
Primary Bedroom	Second level	3.82 m x 3.97 m
Bedroom 2	Second level	2.84 m x 2.62 m
Primary Bedroom	Lower level	3.63 m x 3.95 m
Bedroom 2	Lower level	3.95 m x 2.39 m
Bedroom 3	Lower level	2.64 m x 2.63 m
Kitchen	Lower level	5.12 m x 4.83 m
Living room	Lower level	5.12 m x 4.83 m
Kitchen	Main level	4.21 m x 3.64 m
Living room	Main level	4.88 m x 4.37 m
Primary Bedroom	Main level	2.78 m x 3.47 m
Bedroom 2	Main level	2.69 m x 2.87 m

Details

Amenities Nearby: Place of Worship, Public Transit, Schools
Features: Irregular lot size, Lane, Lighting, Carpet Free, In-Law Suite
Parking Spaces: 4
Structure: Deck, Patio(s)
Transaction: For sale
View: City view

Building

Amenities: Separate Heating Controls, Separate Electricity Meters
Appliances: Water Heater - Tankless, Water Heater, Water meter, Dishwasher, Dryer, Microwave, Range, Stove, Washer, Window Coverings, Refrigerator
BasementType: N/A
Basement Features: Apartment in basement
Bedrooms Main Level: 4
Bedrooms Lower Level: 3
Cooling: Wall unit
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Smoke Detectors
Flooring: Vinyl
Foundation: Block
Bathrooms (Total): 4
Heating: Heat Pump
Heating Fuel: Electric
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Place of Worship, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 23 ft ,3 in
Size Irregular: 23.3 x 102.4 FT ; Widens to 36.92' At Rear Laneway

Listing provided by KELLER WILLIAMS PORTFOLIO REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1250 DAVENPORT ROAD in Toronto Ontario. It was last modified on May 28th, 2025. Contact Allan-John Boulanger to schedule a viewing or to discover other Toronto real estate for sale.

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