Welcome to this remarkable commercial retail located in the coveted neighborhood of Weston-Pellam Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,099,900 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.
Prime Investment Opportunity in the Heart of Carleton Village An exceptional and rare opportunity to acquire a commercial/residential building in one of Toronto's rapidly evolving corridors. Located at 1853 Davenport Rd, this 3-storey property offers outstanding income potential, high visibility, and flexible occupancy options. Positioned along a high pedestrian and vehicular traffic strip, the property benefits from excellent exposure and is surrounded by vibrant neighbourhoods, new condominium developments, and strong area amenities. The main floor features a well-established commercial space currently operating as an accounting office, complete with a rear 1-bedroom suite. The finished basement includes a separate entrance and a 2-bedroom apartment, currently tenanted. Above, the second and third floors comprise a spacious 2-storey residential unit offering 4 bedrooms, each with its own private 3-piece ensuite, plus a full kitchen on each level - an ideal layout for multi-tenant rental or shared living arrangements. The entire building can be delivered vacant upon possession, providing a rare opportunity for investors, owner-operators, or end-users seeking full control of the asset. Surrounded by TTC access, shops, cafés, boutiques, banks, and just minutes to Yorkdale Mall, Hwy 401, 400, Allen Road, and the Gardiner Expressway, this property offers unmatched convenience and long-term growth potential. A prime opportunity to secure a high-exposure, income-generating asset in a rapidly developing Toronto location.
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Data-driven valuation for 1853 Davenport Road, Toronto W03, ON M6N 1B8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,099,900 in Toronto, the legal minimum down payment is $219,980 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 $18,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,473 also applies, bringing the total estimated land transfer taxes to $36,946.
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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.