1463 Davenport Rd - Storefront Retail/Residential FOR SALE


Toronto, ON M6H 2H6- Dovercourt/Davenport/Junction
$5,200,000 CAD
905-902-0452
1463 Davenport Rd, Toronto, ON for Sale
$5,200,000 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | 4.88% Cap Rate

1463 Davenport Rd
Toronto, ON M6H 2H6
Dovercourt/Davenport/Junction


OVERVIEW

Discover this boutique, two-storey hard loft corner building located in the vibrant Junction-Davenport neighborhood. Spanning 11,500 square feet, this mixed-use asset includes 11 authentic loft-style residential units featuring dramatic 14-foot ceilings, exposed industrial finishes, generous natural light, and private terraces. Additionally, the property offers a ground-floor commercial retail space. This investment presents strong existing income with potential for up to 40% rental growth upon unit turnover, offering substantial value-add upside.

FOR SALE DETAILS

PRICE

$5,200,000 CAD

PRICE/SF

$3,250 CAD /SF

CAP RATE

4.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R

APN/PARCEL ID

190403310000600

ASK ABOUT THIS PROPERTY

Steven LorenziInTrust Commercial Real Estate Brokerage IncMore Info
905-902-0452

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Steven LorenziInTrust Commercial Real Estate Brokerage IncMore Info
905-902-0452

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.