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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 levelat 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. Please rely on own due diligence forzoning. Flat roof replaced in portions in 2022. Sign on roof provides income as well. Lane parking to detached garage on remote and 3parking 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 (owneroccupied - 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# W9263979) on Wednesday, August 21, 2024.