REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Laura Thompson

laura.thompson@engelvoelkers.com +1(613) 422-8688

$ 999,000

Est. payment -/mo

Save

New

1297 DAVENPORT ROAD Toronto (dovercourt-wallace Emerson-junction), ON M6H2H3

4 Beds

3 Baths

1,100 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $908

Subdivision Dovercourt-Wallace Emerson-Junction

MLS® Listing ID W13024234

Bedrooms 4

Half Baths 1

Property Description

This fully renovated semi offers layered income potential in a transit-connected location investors actively pursue. The thoughtfully designed 3-bedroom main and upper level features a modern kitchen with quartz counters and clean contemporary finishes, while the self-contained lower-level suite includes a separate entrance, full kitchen, and bath - ideal for dual rental streams or owner-occupancy with income support. The layout is configured for maximum flexibility, allowing you to lease both units for optimized cash flow, live in one while offsetting your mortgage, or hold as a scalable long-term portfolio addition. Laneway housing potential introduces a compelling value-add component - an opportunity to increase density and future returns in a city actively embracing gentle intensification. Strong rental demand supported by proximity to TTC, major routes, and everyday amenities drives stable occupancy and long-term appreciation. With performance metrics competitive within the area, this asset positions strategically from both a cap-rate and equity-growth perspectives. Location. Income. Expansion potential. An intelligent acquisition in today's Toronto market - appealing to first-time buyers, seasoned investors, and forward-thinking developers alike. (id:24570)

Location

State ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 4 m X 3.06 m Primary Bedroom

Extra Room 2 Second level 2.48 m X 3.3 m Bedroom 2

Extra Room 3 Second level 4 m X 2.33 m Bedroom 3

Extra Room 4 Basement 4.02 m X 1.8 m Kitchen

Extra Room 5 Basement 3.37 m X 3.03 m Bedroom 4

Extra Room 6 Basement 1.64 m X 1.92 m Sitting room

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Hardwood, Laminate

Exterior

Parking Features No

Fence Fenced yard

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by FOREST HILL REAL ESTATE INC.

NEARBY SCHOOLS & PROPERTIES

Laura Thompson

Salesperson

+1(613) 422-8688

GET MORE INFORMATION