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Listed by Royal Lepage Signature Realty.
1357/59 Davenport Road is a Detached, 2-Storey and is currently for Sale @ $3,000,000. Taxes in 2023 were $27,387.68.
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Fantastic investment opportunity! 2 Multi-unit store apartments merged into 1, with 2 addresses. The 2-Storey on 1357/59 Davenport Road has 5 bedrooms, 8 bathrooms, and is located on a 120.00 x 45.00 ft lot in the community of Dovercourt-Wallace Emerson-Junction . 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.
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.
The address 1357/59 Davenport Road was listed for sale (MLS# W8240568) on Tuesday, April 16, 2024.
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