1865 Davenport RD new Save Request In-Person Tour Request Virtual Tour
Toronto W03,ON M6N 1B9
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
Parking Type None
Others
Security Features No