1516 Davenport Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Corso Italia-Davenport. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 3 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 24.17 x 100 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Storage
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Priced for a Quick Sale ... Newly renovated Duplex featuring 3 x 1-bedroom in the highly sought-after CorsoItalia - Davenport neighbourhood with stunning city views! This turnkey investment offers three bright, spacious units, all leased to excellent tenants (young professionals) with strong financials and great ROI - an ideal opportunity for investors seeking solid income and long-term growth. Recent Upgrades: New furnace (2025) - Roof (2014) - 25-year shingles, 15-year labour warranty (transferable to new owner); Water heater owned. Second Floor - Elevated perch with views and abundant natural light.Main Floor - Bright 1-bedroom with exclusive access to a 3-level backyard oasis with multiple terraces, fire pit (closed) , and breathtaking city views from the top of the back yard .Ground Floor - 1-bedroom with parking. Units come with Ensuite Laundry. Steps to public transit, shops, cafes, and restaurants -only 15 minutes to Downtown Toronto.Very motivated seller, and great opportunity for investors.
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Pricing & Value Insights
Data-driven valuation for 1516 Davenport Road, Toronto W03, ON M6H 2H8
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
