1865 Davenport RD Active

Toronto W03,ON M6N 1B9

$ 1289000

- Bed

- Bath

2092 SqFt


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

Zoning Commercial Residential - CR 1.5

Interior

Cooling Partial

Exterior

Utilities Available Yes

Others

Security Features No

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