47 days on Market

1357/59 Davenport Rd, Toronto, Ontario M6H 2H5

Detached
5 + 2
8
~5000+ sqft
$2,899,900
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Detached
5 + 2
8
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$290/sqft

Est. Mortgage$12,454/mo

Tax Amount (2024)$28,345/yr

Days On Market47 days


Description

Fantastic investment opportunity! 2 Multi-unit store apartments merged into 1, with 2 addresses. Owner occupied main and lower level at 1357 will be vacant on closing, and can drastically improve income immediately. Was a former thriving real estate office. Zoned CR1.5, bylaw section attached to listing. Currently zoned for both commercial & residential use. Flat roof replaced in portions in 2022. Sign on roof provides income as well. Lane parking to detached garage on remote and 3 parking spots. Amazing opportunity. Really amazing views of Toronto Skyline. Financials attached to listing.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~5000+ SqFt
Lot Size5,400 SqFt(120 x 45)
Parking Spaces4
MLS ®NumberW11899682
Community NameDavenport
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Baseboard
Cooling: Other
Basement: Apartment, W/O

2nd Floor

Kitchen

2.48 x 2.02

Vinyl Floor / Window

Living

5.37 x 4.41

Combined W/Dining / Hardwood Floor / Large Window

Kitchen

2.44 x 2.09

Ceramic Floor / Double Sink / Large Window

Prim Bdrm

3.67 x 3.03

Hardwood Floor / Large Closet / Large Window


Features

Lot size: 5,400 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 3

Total parking spaces 4


Property History

Dec 22, 2024
ListedActive
$2,899,900
47 days on market
history photo preview40
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Population and Demographics

Overview

Total population 5896
Average household income $128,638

Age (%)

20 to 34
26%
35 to 49
25%
50 to 64
17%
65 and plus
16%
0 to 19
16%

Household composition (%)

Single family
55%
Single person
36%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
63%
Portuguese
14%
Spanish
4%
Yue (Cantonese)
3%
Italian
3%
French
2%
Vietnamese
2%
Others
1%
Mandarin
1%
Greek
1%

House tenancy (%)

Owners
51%
Renters
49%

Schools and amenities

Estimated Budget