1263 Davenport Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 120 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor
- Efficient baseboard heating via electric
Description
Don't Miss This Investment Opportunity In Downtown Toronto! Located Near Dovercourt & Geary, This Super Spacious 2,856 Sqf Detached Brick Home With 5 Bedrooms, 3 Bathrooms & 2 Kitchens, Including A Finished Walk-Out Basement. The Home Features 2 Self-Contained Units: A 2 Br, 2 Bath Main Flr Combined With The Lower Flr ; A 3 Br, 1 Bath Upper Unit. The Main Floor Roughed In Plumbing & Wiring For A Kitchen, Easy Conversion Into 3 Separate Rental Units. Enjoy The Welcoming Front Porch & Sunny South-Facing Backyard, A True Entertainer's Paradise. The Double Car Garage Provides Laneway Suite Potential, Adding Even More Value To This Incredible Property. This Property Is Nestled In A Vibrant, High-Traffic Neighbourhood That Supports Home Business Or Commercial Potential. You're Just Steps From Amelias Market, Geary Market, Familia Baldassarre, Black Horse Coffee, Local Dog Parks, & A Wide Variety Of Shops, Breweries, & Restaurants. Conveniently Situated On Four TTC Bus Routes, Commuting Is A Breeze. An Amazing Opportunity To Enter This Sought-After Area At An Affordable Price, Perfect For Both Families & Investors Looking To Customize, Add Value, And Grow Equity Over Time. This Home Offers Strong Cash-Flow Potential. Newly Water Heater (2023) Owned, Newly Roof ( 2021)
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor, Water Heater Owned
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Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1263 Davenport Road, Toronto W02, ON M6H 2H2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $998,000 in Toronto, the legal minimum down payment is $74,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,435 also applies, bringing the total estimated land transfer taxes to $32,870.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
