$3,000,000Asking Price
1357/59 Davenport Rd
Davenport, Toronto
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 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.
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 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.
See MoreKey Info
- 2-Storey Detached
- 3-Car Laneway Driveway
- 1-Car Detached Garage
- Davenport/Dufferin St
- 5000+ Approximate Sq Feet
- 51-99 Years Approximate Age
- Basement Apartment
- 5 + 2 Kitchens
- Baseboard Electric Heating
- A/C
Property
- Lot Size 45 x 120 Feet
- Brick Exterior
- Taxes were $27,387 in 2023
- Possession: 90 days/TBA
Details
- No Fireplace
- No Family Room
- Lower Laundry
- Sewers
- Municipal Water
- MLS #W8240568
- ROYAL LEPAGE SIGNATURE REALTY
Extras
- 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.
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Office | Main | 14.04' x 13.88' | Large Window, Broadloom, Built-in Desk |
| 2 | Common Room | Main | 17.52' x 15.98' | Broadloom, Walk Through, French Doors |
| 3 | Office | Main | 7.64' x 6.53' | Broadloom, French Doors |
| 4 | Office | Main | 7.64' x 6.50' | Broadloom, French Doors |
| 5 | Bedroom | Main | 15.49' x 13.58' | Hardwood Floor, Double Closet, Window |
| 6 | Kitchen | Main | 8.76' x 6.92' | Window, Walkout, Ceramic Floor |
| 7 | Living Room | 2nd | 17.13' x 14.34' | Combined W/Dining, Broadloom, Large Window |
| 8 | Kitchen | 2nd | 8.14' x 6.63' | Vinyl Floor, Window |
| 9 | Primary Bedroom | 2nd | 11.81' x 9.94' | Large Window, Broadloom, Large Closet |
| 10 | Living Room | 2nd | 17.62' x 14.47' | Combined W/Dining, Hardwood Floor, Large Window |
| 11 | Kitchen | 2nd | 8.01' x 6.86' | Ceramic Floor, Double Sink, Large Window |
| 12 | Primary Bedroom | 2nd | 12.04' x 9.94' | Hardwood Floor, Large Closet, Large Window |
 | 4 4-Piece Bathrooms on 2nd Floor | |||
| 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom on Lower | |||
| 1 3-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom on Lower | |||
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Who lives here?
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.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
51%
of residents are
single and loving it.
51% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
42%
of residents
are renters.
42% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
42%
of residents are
university grads.
42% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$116K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 17% |
| Business | 11% |
| Government | 10% |
| Trades | 9% |
| Management | 7% |
Immigrants
42%
of residents were
born outside of Canada.
42% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
11.7% from Portugal
All-time
Birthplace - Recent
0.4% from Brazil
Recent
Foreign Languages
Foreign Languages
| Portuguese | 18% |
| Spanish | 4% |
| Cantonese | 4% |
| Italian | 3% |
| Vietnamese | 2% |
Religions
Religions
| Christian | 63% |
| Buddhist | 4% |
| Muslim | 3% |
| Jewish | 2% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
13
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
