1169 Davenport RD, Toronto, ON M6H 2G6
1169 Davenport RD, Toronto, ON M6H 2G6
1169 Davenport RD, Toronto, ON M6H 2G6
1169 Davenport RD, Toronto, ON M6H 2G6
1169 Davenport RD, Toronto, ON M6H 2G6
1169 Davenport RD, Toronto, ON M6H 2G6
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Karuna Shrestha

Karuna Shrestha

+1(647) 620-7365
$ 2,995,000
Est. payment | /mo

8 Beds

2 Baths

1,892 SqFt

Save
$ 2,995,000
Est. payment | /mo
Save

8 Beds

2 Baths

1,892 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,892 sqft

Price per Sqft $1,582

Municipality Toronto C02

Subdivision Wychwood

MLS Listing ID C13837852

Bedrooms 8

Annual Tax Amount $15,964

Tax Year 2026

Property Sub-Type Investment

Property Description

Newly built, thoughtfully designed residence offering a turnkey income fourplex offering an attractive projected cap rate of approximately 5%. Gross Rent (Est.) is $177,600 per annum, and Net Operating Income is approximately $154,554 per annum. Property is over 4,400 sq ft., comprised of four spacious, two-story townhome-style suites. 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. Three units have balconies and patios with gas connections for BBQs. The lower level is enhanced with radiant-heated polished 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. Located within the prestigious Wychwood / Hillcrest enclave, this address offers a refined urban lifestyle defined by character, culture, and convenience. Situated steps from transit along Davenport and near Ossington, the property offers easy access to surrounding neighbourhoods, parks, and local amenities, earning the area a reputation as a"Walker's Paradise. Just minutes from St. Clair Avenue West, residents enjoy easy access to shops, cafes, restaurants, and everyday essentials, along with convenient TTC transit connections to downtown Toronto and surrounding neighbourhoods.

Location

Province ON

County Toronto

Community Toronto C02

Area Toronto

Zoning CR1.5(c1;r1.5*1593)

Rooms

Kitchen 4

Interior

Cooling Yes

Inclusions Ownership Opportunities-This versatile property lends itself to a variety of ownership structures: Owner-Occupier Investment: Live in one suite while generating high rental income from the remaining three units. Alternatively, the Builder can combine two or more suites to create a larger family home while renting out the remaining units. 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

Exterior

Parking Features None

Utilities Available Yes

Building

Lot Description Lot

Lited by RIGHT AT HOME REALTY

Nearby Locations

Karuna Shrestha

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 620-7365

karuna@elitesold.com

50 Leek Cres, Richmond Hill, ON L4B 4J3, CAN

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1169 Davenport RD