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$ 3,299,000
Est. payment /mo
New
1169 Davenport RD Toronto C02, ON M6H 2G6
8 Beds
11 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Municipality Toronto C02
Subdivision Wychwood
MLS Listing ID C13086330
Style 3-Storey
Bedrooms 8
Annual Tax Amount $15,964
Tax Year 2026
Property Sub-Type Fourplex
Property Description
Over 4402 Sq ft, Newly built, thoughtfully designed residence offers a rare opportunity to own a multi-suite property comprised of four spacious, two-storey townhome-style units. Each suite features 2 bedrooms and 2 to 3 bathrooms, carefully laid out to maximize both functionality and comfort. The interiors are finished with contemporary design elements throughout, highlighted by sleek kitchens equipped with stainless steel appliances, stone countertops, and generous cabinetry. Bright and airy principal rooms are complemented by large windows and elevated ceiling heights, creating a warm, inviting living environment across all units. The lower level is enhanced with radiant-heated concrete floors, delivering both modern appeal and year-round comfort. Additional features include in-suite laundry, electric fireplaces, efficient forced-air heating, and central air conditioning, ensuring convenience and ease of living for both owners and tenants alike. This versatile property lends itself to a variety of ownership structures: Co-Ownership Model: Ideal for joint ownership, with each party owning two suites, living in one while generating income from the other. Multi-Generational Living: A practical solution for extended families seeking proximity with privacy, allowing each household to enjoy its own self-contained space.Owner-Occupier Investment: Live in one suite while generating high rental income from the remaining three units.Pure Investment: A turnkey income property offering an attractive projected cap rate of approximately 5%. Gross Rent (Est) $177,600 per annum and Net Operating Income of approximately $154,554 per annum. Zoning also allow for commercial use
Location
Province ON
County Toronto
Community Toronto C02
Area Toronto
Zoning CR1.5(c1;r1.5*1593)
Rooms
Basement Finished
Kitchen 4
Interior
Interior Features Separate Heating Controls
Cooling Central Air
Fireplaces Number 4
Fireplaces Type Electric
Inclusions All Appliances, GBE, ELF, Window Covering
Exterior
Parking Features None
Pool None
Roof Type Asphalt Rolled
Total Parking Spaces 2
Building
Foundation Concrete, Concrete Block
Lited by RIGHT AT HOME REALTY