Delbert Williams

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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! AAA tenant in the lower unit. 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 Delbert Williams to schedule a viewing or to discover other Toronto real estate for sale.

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