Prime Investment Opportunity! Fully renovated 5-unit building. This rare offering presents a completely remodelled five-unit property, ideally positioned for investors seeking strong cash flow and long-term value. This property is a lucrative addition to any portfolio with a $152,400 gross rental income and an approximate 5% cap rate. The building features five units, including three spacious 2-bed, two-bath units (above ground), plus one 1-bed, one-bath unit, and one bachelor apartment on the lower level. Each unit has been extensively renovated with modern, high-end finishes, including five brand-new kitchens, eight updated bathrooms featuring sleek glass showers, New walls, insulation, and energy-efficient pot lights, updated electrical and plumbing systems, a new roof, and underpinning that provides an 8-foot ceiling in the basement for added appeal. Additional features include four separate hot water tanks, four furnaces, and four AC units. Located just steps from the bustling St. Clair Ave, this property is surrounded by an array of trendy restaurants, boutique shops, and coffee spots. With its turnkey condition, strong rental income potential, and prime location, this property offers an exceptional opportunity for a hands-off investor or owner-operator.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
3-Storey
Total Approx Floor Area:
2500-3000
Depth:
120'36.6 m
Frontage:
25'7.62 m
Direction Faces:
West
Bedrooms:
6+1
Bathrooms:
8.0
Water supply:
Municipal
Kitchens:
5
Kitchens in Basement:
2
Bedrooms Above Grade:
6
Bedrooms Below Grade:
1
Kitchens Above Grade:
3
Rooms Above Grade:
18
Rooms Below Grade:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Finished with Walk-Out, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
0
Total Parking Spaces:
0.0
Family Room:
No
Possession Details:
TBA
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$4,442 /
2024
Assessment:
$- /
-
Toronto W03
Corso Italia-Davenport
Toronto
None
Four Hot water tanks
5 Fridges, 5 Stoves,3 Dishwasher, 5 Washers and dryers, 5 hood fans, 4 furnaces, 4 A/C units
Data was last updated July 11, 2025 at 07:15 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,449,000
Min list price:
$899,990
Max list price:
$4,299,000
Avg days on market:
37
Min days on market:
2
Max days on market:
165
These statistics are generated based on the current listing's property type
and located in
Corso Italia-Davenport. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.