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Listed by Royal Lepage Signature Realty.
1357/59 Davenport Road is a Detached, 2-Storey and is currently for Sale @ $2,899,900. Taxes in 2024 were $28,344.85.
More homes for sale under 2.9M in Toronto
Fantastic investment opportunity! 2 Multi-unit store apartments merged into 1, with 2 addresses. The 2-Storey on 1357/59 Davenport Road has 5 bedrooms, 8 bathrooms, and is located on a 120.00 x 45.00 ft lot in the community of Dovercourt-Wallace Emerson-Junction . 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 includes four 1-bedroom units, one 2-bedroom unit, one bachelor unit (owner occupied), and 2 main floor retail spaces (owner occupied - not used as retail but zoning unchanged). 4 total parking via lane off Bristol or Dufferin.
The address 1357/59 Davenport Road was listed for sale (MLS# W11899682) on Sunday, December 22, 2024.