1865 Davenport Rd, Toronto, Ontario M6N 1B9

InTrust. is excited to offer for sale a unique mixed-use building at 1865 Davenport Road located in Carleton Village neighbourhood. The property offers investors an extremely attractive cap rate of 8.02%! A tremendous investment opportunity for investors or owner operators looking to secure a multi-dimensional property in a highly desirable neighbourhood. 1865 Davenport Road is a 2,092 square foot mixed-use building with an additional 900 square foot basement apartment. The unique mixed-use property is comprised of one retail unit at grade currently vacant, two one-bedroom unit apartments located on the second floor and two two-bedroom apartments located on the first floor and basement. The property offers investors fantastic and stable returns with immediate upside in rental income upon leasing the commercial unit. The seller will lease back the commercial space. Two residential units currently vacant.