1357/59 Davenport Rd, Dovercourt-Wallace Emerson-Junction, Toronto
5 bed | 8 bath | $3,000,000
"About this House in Dovercourt-Wallace Emerson-Junction, 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.
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.
Listed by ROYAL LEPAGE SIGNATURE R.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
Property Features
- MLS® : W8240568
- Square Feet : 5,000 sqft
- Taxes : $27,387 (2023)
- Style : 2-Storey
- Type : House
- Lot Size : 5,400 sqft
- Parking : 1 Detached
- Bedrooms : 5
- Frontage : 45.00 ft
- Kitchens : 5
- Bathrooms : 8
- Depth : 120.00 ft
- Year Built : 5199
