$3,000,000
Available - For Sale
Listing ID: W8240568
1357/59 Davenport Rd , Toronto, M6H 2H5, Ontario


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 CR 1.5, bylaw section attached to listing. Currently zoned for both commercial & residential use. Please rely on own due diligence for zoning. 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. 9 washrooms total.
Extras:   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.
Price $3,000,000
Taxes: $27387.68
Assessment: $1742000
Assessment Year: 2024
Address: 1357/59 Davenport Rd , Toronto, M6H 2H5, Ontario
Lot Size: 45.00 x 120.00 (Feet)
Directions/Cross Streets: Davenport/Dufferin St
Rooms: 22
Rooms +: 9
Bedrooms: 5
Bedrooms +: 2
Kitchens: 5
Kitchens +: 2
Family Room: N
Basement: Apartment, W/O
Approximatly Age: 51-99
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Lane
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 5000+
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: Other
Laundry Level: Lower
Sewers: Sewers
Water: Municipal
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Gas: A
Utilities-Telephone: A
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Income Required $ $ $ $

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ROYAL LEPAGE SIGNATURE REALTY
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Kambiz Farsian
Sales Representative
Dir:
416-317-4438
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto
Neighbourhood: Dovercourt-Wallace Emerson-Junction
Style: 2-Storey
Lot Size: 45.00 x 120.00(Feet)
Approximate Age: 51-99
Tax: $27,387.68
Maintenance Fee: $0
Beds: 5+2
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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