1259 Davenport Rd, Toronto, M6H 2H2

Listing Overview

Description

Investors, Opportunity To Own This Turnkey, Multi-Level, 3-Storey Freehold Townhome In Toronto's Trendy Dovercourt Neighborhood, Near Geary Ave, W/Over 5% Cap Rates. This 110-Year-Old Townhouse Offers A Potential Revenue Of $80,000, W/Over 2000 Sq Ft Of Living Space Featuring 5+1 Bedrooms, 2 Kitchens W/S/S Appliances, 2 Full Baths, & 2 Separate Entries To The Basement. Enjoy Panoramic Skyline Views Of Downtown From The Spacious Rooftop Deck, Complete W/6 Bedrooms, Private 2-Level Backyard Deck, & A Large Balcony. The Upper-Level Rooms Are Currently Leased For A Total Of $4150, Lower Level Is Owner-Occupied W/Rental Potential Of $2700. This Property Is Located In Proximity To Schools, Libraries, Parks, & Multiple Transit Options, Including 24-Hour Transit, Light Rail, & 2 Subways. W/Recent Updates Throughout, This Townhome Is Move-In Ready & Offers Excellent Future Potential W/Tons Of Development In Area, Including The Galleria On The Park. Steps Away Dining, Hip Bars, Theatre, Comedy &

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On Market

Investment

Property Type

$3,564 / Year

Est. Taxes

Apartment

Style

Apts-6 To 12 Units

Business Type

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Franchise