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. **** 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. (id:4069)
Address
1357/59 DAVENPORT ROAD
List Price
$2,899,900
Property Type
Single Family
Type of Dwelling
House
Area
Ontario
Sub-Area
Toronto (dovercourt Wallace Emerson Junction)
Bedrooms
7
Bathrooms
8
Floor Area
5,000 Sq. Ft.
Lot Size
45 x 120 FT ; 45.01ft x 121.44ft x 45.06ft x 119.13ft Sq. Ft.
MLS® Number
W11899682
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
N/A
Postal Code
M6H2H5
Zoning
CR1.5
Features
Lane
Amenities
Separate Electricity Meters, Separate Heating Controls
