$3,299,000Asking Price
Over 4402 Sq ft, Newly built, thoughtfully designed residence offers a rare opportunity to own a multi-suite property comprised of four spacious, two-storey townhome-style units. 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. The lower level is enhanced with radiant-heated 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 alike. This versatile property lends itself to a variety of ownership structures: 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.Owner-Occupier Investment: Live in one suite while generating high rental income from the remaining three units.Pure Investment: A turnkey income property offering an attractive projected cap rate of approximately 5%. Gross Rent (Est) $177,600 per annum and Net Operating Income of approximately $154,554 per annum. Zoning also allow for commercial use
Over 4402 Sq ft, Newly built, thoughtfully designed residence offers a rare opportunity to own a multi-suite property comprised of four spacious, two-storey townhome-style units. 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. The lower level is enhanced with radiant-heated 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 alike. This versatile property lends itself to a variety of ownership structures: 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.Owner-Occupier Investment: Live in one suite while generating high rental income from the remaining three units.Pure Investment: A turnkey income property offering an attractive projected cap rate of approximately 5%. Gross Rent (Est) $177,600 per annum and Net Operating Income of approximately $154,554 per annum. Zoning also allow for commercial use
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 2-Piece Bathroom on Main Floor | ||||
| 4 4-Piece Bathrooms | ||||
| 2 4-Piece Bathrooms on Lower | ||||
| 1 4-Piece Bathroom on Lower | ||||
| 2 2-Piece Bathrooms | ||||
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Davenport, Toronto is a central Toronto neighbourhood notable for its singles, executives, education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants from Portugal, and Portuguese speakers. Residents tend to be older with a significant number of adults aged 25 to 44 and seniors aged 85 & above.
Kids Per Family
1.1
kids per family
in the neighbourhood.
51%
of residents are
single and loving it.
51% singles
Toronto (50%)
42%
of residents
are renters.
42% renters
Toronto (47%)
42%
of residents are
university grads.
42% university grads
Toronto (48%)Average Household Income
$116K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Business | 11% |
| Government | 10% |
| Trades | 9% |
| Management | 7% |
42%
of residents were
born outside of Canada.
42% immigrants
Toronto (48%)11.7% from Portugal
All-time
0.4% from Brazil
Recent
Foreign Languages
| Portuguese | 18% |
| Spanish | 4% |
| Cantonese | 4% |
| Italian | 3% |
| Vietnamese | 2% |
Religions
| Christian | 63% |
| Buddhist | 4% |
| Muslim | 3% |
| Jewish | 2% |
| Hindu | 2% |
Social Housing Buildings
13
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.