1169 Davenport Road, Toronto, ON, M6H 2G6

Property Details: - Type: Fourplex - Bedrooms: 4 - Bathrooms: 11 - MLS#: C13086330 Listed By: RIGHT AT HOME REALTY

Over 4402 Sq ft, Newly built, thoughtfully designed residence offers a rare opportunity to own a multi-suite property comprised of four spacious, two-storey townhome-style units. Each suite features 2 bedrooms and 2 to 3 bathrooms, carefully laid out to maximize both functionality and comfort. The interiors are finished with contemporary design elements throughout, highlighted by sleek kitchens equipped with stainless steel appliances, stone countertops, and generous cabinetry. Bright and airy principal rooms are complemented by large windows and elevated ceiling heights, creating a warm, inviting living environment across all units. The lower level is enhanced with radiant-heated concrete floors, delivering both modern appeal and year-round comfort. Additional features include in-suite laundry, electric fireplaces, efficient forced-air heating, and central air conditioning, ensuring convenience and ease of living for both owners and tenants alike. This versatile property lends itself to a variety of ownership structures: Co-Ownership Model: Ideal for joint ownership, with each party owning two suites, living in one while generating income from the other. Multi-Generational Living: A practical solution for extended families seeking proximity with privacy, allowing each household to enjoy its own self-contained space.Owner-Occupier Investment: Live in one suite while generating high rental income from the remaining three units.Pure Investment: A turnkey income property offering an attractive projected cap rate of approximately 5%. Gross Rent (Est) $177,600 per annum and Net Operating Income of approximately $154,554 per annum. Zoning also allow for commercial use This fourplex home located at 1169 Davenport Road, Toronto is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $3,299,000 with an estimated mortgage of $12,143* per month. It has 4 beds, 11 bathrooms, and is 3000-3500 square feet. 1169 Davenport Road, Toronto is in the Wychwood neighborhood Toronto. Humewood Cedarvale, Dovercourt Wallace Emerson Junction and Oakwood Vaughan are nearby neighborhoods.