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Investment signal

$1,099,900

1853 DAVENPORT ROAD

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Beds

Baths

Sqft

Year

Type

Retail

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Weston-Pellam Park). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime Investment Opportunity in the Heart of Carleton Village An exceptional and rare opportunity to acquire a commercial/residential building in one of Toronto's rapidly evolving corridors. Located at 1853 Davenport Rd, this 3-storey property offers outstanding income potential, high visibility, and flexible occupancy options. Positioned along a high pedestrian and vehicular traffic strip, the property benefits from excellent exposure and is surrounded by vibrant neighbourhoods, new condominium developments, and strong area amenities. The main floor features a well-established commercial space currently operating as an accounting office, complete with a rear 1-bedroom suite. The finished basement includes a separate entrance and a 2-bedroom apartment, currently tenanted. Above, the second and third floors comprise a spacious 2-storey residential unit offering 4 bedrooms, each with its own private 3-piece ensuite, plus a full kitchen on each level - an ideal layout for multi-tenant rental or shared living arrangements. The entire building can be delivered vacant upon possession, providing a rare opportunity for investors, owner-operators, or end-users seeking full control of the asset. Surrounded by TTC access, shops, cafés, boutiques, banks, and just minutes to Yorkdale Mall, Hwy 401, 400, Allen Road, and the Gardiner Expressway, this property offers unmatched convenience and long-term growth potential. A prime opportunity to secure a high-exposure, income-generating asset in a rapidly developing Toronto location. (id:65958)

Subtype
Retail
Community
Weston-Pellam Park
Living area
3,590 square feet
Lot dimensions
12.02 x 111.46 FT
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$4,079.61
Zoning
Store With Apt/Office
Photos
29
MLS#
W13037706
Area
TORONTO_(WESTON-PELLAM_PARK)

Features and systems

Parking

Other

Appliances

WasherDryer

Heating

Baseboard heaters

Cooling

Partially air conditioned
Negative cash flow ~$1,192/mo at these assumptions

Cash on cash

-6.50%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,755

Financing

Down payment$219,980
Loan amount$879,920
Mortgage$4,458/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504
Insurance$80
Maintenance$917
CapEx reserve$458
Vacancy loss$275

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,458/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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