$1,099,900
1853 DAVENPORT ROAD
Beds
—
Baths
—
Sqft
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Year
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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
Appliances
Heating
Cooling
Cash on cash
-6.50%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,755
Financing
Operating expenses (monthly)
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
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.