40
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$1,289,000
Est. payment /mo
2,092 SqFt
Active
1865 Davenport RD Toronto, ON M6N 1B9
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UPDATED:
11/07/2024 07:27 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,092 sqft
Price per Sqft $616
MLS Listing ID W10412903
Annual Tax Amount $3,244
Tax Year 2023
Property Description
FULLY LEASED TURNKEY INVESTMENT - 8.31% CAP RATE! 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 8.31% 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
Region Weston-Pellam Park
City Region Weston-Pellam Park
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 14.21
Lot Depth 111.83
Others
Security Features No
Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.