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$3,000,000
Available - For Sale
Listing ID: W8240574
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. Income from roof top Sign as well.
Extras:   Property includes four 1-bedroom units, one 2-bedroom unit, one bachelor unit (owner occupied), & 2 main floor retail spaces (owner occupied - not used used as retail but zoning unchanged). 4 total parking via lane off Bristol or Dufferin.
Price $3,000,000
Taxes: $27,387.68
Tax Type: Annual
Assessment: $1742000
Assessment Year: 2024
Occupancy by: Own+Ten
Address: 1357/59 Davenport Rd , Toronto, M6H 2H5, Ontario
Postal Code: M6H 2H5
Province/State: Ontario
Legal Description: PLAN M24 PT LOT 45
Lot Size: 45 x 120 (Feet)
Directions/Cross Streets: Davenport/Dufferin St
Zoning: CR 1.5
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 5,382
Total Area Code:  Sq Ft
Office/Appartment Area: 600
Office/Appartment Area Code: Sq Ft
Retail Area: 2691
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Business/Building Name: 1357/1359 Davenport Road
Taxes Expense: $27388
Water Expense: $4396
Gross Income/Sales: $115932
Year Expenses: 2023
Expenses Actual/Estimated: $Est
Heat Type: Baseboard
Central Air Conditioning: Part
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

1357/59 Davenport Rd , Toronto, M6H 2H5, Ontario

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Mario Tompson
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At a Glance:
Type: Com - Store W/Apt/Office
Area: Toronto
Municipality: Toronto
Neighbourhood: Dovercourt-Wallace Emerson-Junction
Style:
Lot Size: 45.00 x 120.00(Feet)
Approximate Age: 51-99
Tax: $27,387.68
Maintenance Fee: $0
Beds:
Baths: 9
Garage: 0
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Monday, May 20th, 2024
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