1516 Davenport Road

Introducing a remarkable opportunity to acquire a house for sale in Toronto , specifically located at 1516 Davenport Road, Toronto. This semi-detached, two-storey property is nestled in the highly desirable Corso Italia-Davenport community, known for its vibrant atmosphere and stunning city views. This newly renovated duplex features three well-appointed one-bedroom units, making it an ideal investment for those seeking a lucrative opportunity in the bustling Toronto real estate market.

The address 1516 Davenport Road, Toronto, boasts a total of 12 rooms, including three bedrooms, a den, and three bathrooms, providing ample space for comfortable living. The exterior of the house is a charming combination of aluminium siding and brick, ensuring both durability and aesthetic appeal. With a lot size of 24 by 100 feet, this property offers a private driveway with parking space for one vehicle, allowing for convenient access.

As you explore the interior of this house for sale in Toronto, you will discover that each unit is bright and spacious, designed to maximise natural light and comfort. The second-floor unit, leased since 2021, offers an elevated perch with stunning views, while the main floor unit, leased until 2025, features exclusive access to a beautifully designed three-level backyard oasis. This outdoor space includes multiple terraces and a fire pit, perfect for entertaining guests or enjoying a quiet evening under the stars, all while taking in the breathtaking city views from the top of the backyard.

The ground floor unit, also leased until 2025, includes a one-bedroom plus den configuration, providing additional space for a home office or guest room. Each unit is equipped with ensuite laundry facilities, adding to the convenience and appeal for tenants. The property is unfurnished, allowing new owners to personalise the space to their liking.

In terms of amenities, this house for sale in Toronto is fitted with central air conditioning, ensuring a comfortable environment year-round. While there is no central vacuum system or fireplace, the property is equipped with a heat pump for efficient heating. The municipal water and sewer services further enhance the convenience of living in this well-connected area.

One of the key highlights of this property is its strategic location. Situated just steps away from public transit, shops, cafes, and restaurants, residents can enjoy easy access to all the amenities that Toronto has to offer. Furthermore, it is only a 15-minute commute to downtown Toronto, making it an ideal choice for young professionals seeking both comfort and convenience.

The seller is highly motivated, presenting a fantastic opportunity for investors looking for a house for sale in Toronto with strong financials and great return on investment. Recent upgrades to the property include a new furnace installed in 2025 and a roof replaced in 2014, featuring 25-year shingles with a 15-year labour warranty that is transferable to the new owner. The water heater is owned, further reducing ongoing costs for potential buyers.

In summary, 1516 Davenport Road, Toronto, represents a unique investment opportunity in the thriving Corso Italia-Davenport community. With its three leased units, excellent tenant profiles, and strong potential for long-term growth, this house for sale in Toronto is not to be missed. Financials are available upon request, providing prospective buyers with all the information needed to make an informed decision. Don't miss out on this exceptional chance to invest in a property that combines modern living with a prime location in one of Toronto's most sought-after neighbourhoods.

Corso Italia-Davenport is a vibrant and culturally rich neighbourhood nestled in the heart of Toronto, known for its charming blend of Italian heritage and diverse influences. The area boasts a lively atmosphere, characterised by its bustling streets lined with an array of local shops, cafes, and restaurants, offering a delightful taste of authentic cuisine. Residents enjoy easy access to parks and recreational spaces, making it ideal for families and outdoor enthusiasts. The community is well-connected by public transport, ensuring convenient travel to downtown Toronto and beyond. With its welcoming spirit and strong sense of identity, Corso Italia-Davenport presents an inviting environment for those seeking a dynamic urban lifestyle infused with a sense of community.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of grade levels and languages of study. The closest option is St. Mary of the Angels Catholic School, just 0.4 km away, offering grades JK to 8 with a commendable school rating of 7.7. Additionally, Loretto College School, also 0.4 km from the property, provides education for grades 9 to 12 and has a solid rating of 6. The area is also served by Dovercourt Public School (1.0 km), which offers grades JK to 8 and has a rating of 6.1, and Rawlinson Community School (1.4 km), which teaches in French and serves grades JK to 8 with a rating of 5.1. For secondary education, ALPHA II Alternative School (1.6 km) and Marshall McLuhan Catholic Secondary School (4.9 km) provide options for grades 7 to 12 and 9 to 12, respectively. Overall, the proximity to these diverse schools makes this property an attractive option for families prioritizing education.