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Newly renovated Duplex featuring 3 x 1-bedroom units 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. Unit Features : Second Floor - Leased in 2021 - Elevated perch with views and abundant natural light.Main Floor - Leased in 2025 - 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 - Leased in 2025 - 1-bedroom + den with parking. All units comes 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. Financials available upon request.
3 Fridges, 3 Stoves, 3 Washer, 2 Dryer, 2 Dishwashers, 1 Water Heater Owned - all as.
City: Toronto
Neighborhood: Corso Italia-Davenport
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Sep 11, 2025 | 41 | $1,385 | $1,485 | Leased | W12396658 |
| Apr 10, 2025 | 17 | $2,000 | $2,000 | Leased | W12075055 |
| Jan 11, 2021 | 39 | $1,200 | $1,200 | Leased | W5081267 |
| Nov 12, 2019 | N/A | $1,100,000 | N/A | Sold | W4631152 |
| Nov 11, 2019 | 58 | $1,100,000 | N/A | Terminated | W4631150 |
| Dec 3, 2008 | 71 | $359,000 | $334,000 | Sold | W1523224 |
| Sep 17, 2004 | 255 | $299,000 | N/A | Expired | W537666 |
| Sep 30, 2003 | 34 | $269,900 | $257,000 | Sold | W337762 |

| Purchase Price | $899000 |
| Down Payment | $179800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $719200 |
| Mortgage Payment | $4432 |
| Property Taxes | $383 |
| Maintenance Fees | $0 |
| Monthly Payment | $4815 |
Sold Comparables homes near 1516 Davenport Rd, Toronto
Located at 1516 Davenport Rd , this Toronto house is available for sale. This property was listed for $899,000 on Mon Nov 03 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Br, Living, Kitchen, Br, Rec, Kitchen, Living, Br, Office. This property comes with 1 parking spots. 1516 Davenport Rd, Toronto is situated in the Corso Italia-Davenport neighbourhood.
MLS#: W12503360 · $899,000 · 3 bedroom house in Corso Italia-Davenport, Toronto