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.
Address
1357/59 Davenport Rd
List Price
$2,899,900
Property Type
Free
Type of Dwelling
Detached
Style of Home
2-Storey
Area
Toronto W02
Sub-Area
Dovercourt-Wallace Emerson-Junction
Bedrooms
5 + 2
Bathrooms
8
Floor Area
5,000 Sq. Ft.
Year Built
51-99
MLS® Number
W11899682
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Postal Code
M6H 2H5
Tax Amount
$28,344.85
Tax Year
2024