38
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$999,999
Est. payment /mo
2,092 SqFt
Pending
1865 Davenport RD Toronto W03, ON M6N 1B9
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UPDATED:
02/10/2025 03:29 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 2,092 sqft
Price per Sqft $478
Subdivision Weston-Pellam Park
MLS Listing ID W11952398
Annual Tax Amount $3,244
Tax Year 2024
Property Description
10.7% CAP RATE! FULLY LEASED TURNKEY INVESTMENT! - InTrust is proud to present 1865 Davenport Road, a stabilized, fully leased, and newly renovated mixed-use gem in the heart of Carleton Village. This unique property offers an exceptional 10.7% cap rate, making it an attractive opportunity for investors seeking a high income-generating asset. Spanning 2,092 square feet with an additional 900-square-foot basement apartment, this property is designed for strong returns. The building features one retail unit at grade, recently 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.
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
Virtual Tour https://unbranded.youriguide.com/1865_davenport_rd_toronto_on/
Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.