CAONTorontoDufferin-Davenport1463 Davenport Rd
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1463 Davenport Rd, Toronto, ON

Real Estate

For Sale

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0129

MLS® W12579000

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $27,237
Days Active 19
Approx. Age 
MLS® Number W12579000

Property Address: 1463 Davenport Rd, Toronto, ON, M6H2H6

Average square foot calculated using Size range provided by listing agent.

Description

Rare investment opportunity offering a 5.1% cap rate with 32% upside in rents. VTB Available! Acquire the Iron Factory Lofts, a boutique two-storey hard loft corner building in the heart of the Junction-Davenport neighbourhood. This 11, 500 SF mixed-use property features 11 authentic loft-style residential units with soaring 14-foot ceilings, exposed industrial details, abundant natural light, and private terraces, plus one ground-floor commercial retail space. The property generates a Net Operating Income (NOI) of $254, 000 (inclusive of management fees, repairs & maintenance, salaries, structural reserves, and appliance reserves). This investment provides stable in-place income with significant value-add rental upside.Show Description
MLS® NumberW12579000
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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Price History

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Starting Address
Destination Address
1463 Davenport Rd, Toronto, ON

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