1865 Davenport RD Pending

Toronto W03,ON M6N 1B9

$ 1199000

- Bed

- Bath

2092 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 2,092 sqft

Price per Sqft $573

Subdivision Weston-Pellam Park

MLS Listing ID W12053631

Annual Tax Amount $3,244

Tax Year 2024

Property Sub-Type Investment

Property Description

8.18% CAP RATE! NEWLY RENOVATED MIXED-USE BUILDING! This property offers an exceptional cap rate, making it an attractive opportunity for investors seeking a high income-generating asset. The building features one retail unit at grade, tenanted by a barbershop, as well as two spacious one-bedroom apartments on the second floor and two two-bedroom apartments on the first floor and basement. There are currently three vacant residential units. The building is 2,092 square feet with an additional 900-square-foot basement apartment. Basement unit is vacant.

Location

Province ON

County Toronto

Community Weston-Pellam Park

Area Toronto

Zoning Commercial Residential - CR 1.5

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 14.21

Lot Depth 111.83

Others

Security Features No

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