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In-PersonVirtual Tour
$ 1,199,000
Est. payment | /mo
2,092 SqFt
$ 1,199,000
Est. payment | /mo
2,092 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 2,092 sqft
Price per Sqft $573
Subdivision Weston-Pellam Park
MLS Listing ID W12053631
Annual Tax Amount $3,244
Tax Year 2024
Property Sub-Type Investment
Property Description
8.18% CAP RATE! NEWLY RENOVATED MIXED-USE BUILDING! This property offers an exceptional cap rate, making it an attractive opportunity for investors seeking a high income-generating asset. The building features one retail unit at grade, 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. There are currently three vacant residential units. The building is 2,092 square feet with an additional 900-square-foot basement apartment. Basement unit is vacant.
Location
Province ON
County Toronto
Community Weston-Pellam Park
Area Toronto
Zoning Commercial Residential - CR 1.5
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 14.21
Lot Depth 111.83
Others
Security Features No
Virtual Tour https://unbranded.youriguide.com/1865_davenport_rd_toronto_on/
Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.