Property Information:
Welcome to 1250 Davenport Rd A Rare Turn-Key Investment Professionally rebuilt & reimagined with permits in 2021, this legal triplex was crafted for low-maintenance & high-end living to attract AAA tenants. Offered at a 4% cap rate, 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. Dont miss this unique investment! **** EXTRAS **** This property is turn-key with 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. (id:27)
Building Features:
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Style:
Triplex
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Building Type:
Triplex
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Air Conditioning:
Yes
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Amenities:
Separate Heating Controls, Separate Hydro Meters
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Basement Type:
N/A
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Exterior Finish:
Brick
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Flooring Type:
Vinyl
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Foundation Type:
Block
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Heating Type:
Heat Pump
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Heating Fuel:
Electric
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Cooling Type:
Wall unit
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Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Washer, Window Coverings