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    For Sale - 1169 Davenport Road, Toronto, Ontario

    Est payment $15,841/mo
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    Views   5
    Time on Jump  107 day

    AI Summary *

    • Spacious multi-suite property with four two-storey townhome-style units.
    • Each unit features 2 bedrooms and 2 to 3 bathrooms for comfort.
    • Bright interiors with large windows and modern kitchens throughout.
    • Lower level has radiant-heated floors for year-round comfort.
    • Versatile ownership options: co-ownership, multi-generational living, or pure investment.




    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
    Listing IDC13086330
    Address1169 Davenport Road
    CityToronto, Ontario
    Price$3,299,000
    Bed / Bath8 / 11 Full
    Style3-Storey, Fourplex
    ConstructionStone, Metal/Steel Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Heating ControlsOwnership FreeholdBasement FinishedFoundation Concrete, Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  RIGHT AT HOME REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1169 Davenport Road
    Toronto , Ontario
    8 11 $3,299,000
    Get more info