






Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1
Bedrooms
Not listed
Bathrooms
Not listed
Size
5000 + sqft
Year Built
Not listed
Property Type
House
Property Taxes
$20065.95
Finally a real value add deal! Vacant multi residential corner building at Davenport Rd and Perth Ave, delivered with vacant possession. Last operated as approximately nine self contained residential units and still assessed by MPAC as multi residential with seven or more units. Interior demolition is mostly complete: approximately 6,900 SF above grade over two and a half storeys plus a 2,000 SF walkout lower level, roughly 8,900 SF of standing structure, on a 5,522 SF corner lot with approximately 60 ft of frontage on Davenport and 88.1 ft of depth along Perth. Detached, with window openings on every elevation and separate entrances at the front, the rear and the lower level. Five parking spaces. The buyer sets the unit count, the layout and the finish. Designated Mixed Use Areas and zoned CR 1.5 (c1.0; r1.5) SS2. Davenport Rd is among the corridors addressed by the City's 2025 Avenues amendments and the site falls within the major streets and missing middle framework. No planning application has been made and no planner's opinion obtained; all permissions to be verified with the City. Offered unpriced with an offer date; the $1 list price is a system placeholder only. Sold as is, where is, including all contents. The building is an active construction site and entry is at the visitor's own risk. Seller reserves the right to review a pre-emptive offer. SHOWINGS AND SAFETY. Accompanied showings only, by appointment with the listing agent. The building is an active construction site with the interior demolished to the structure. Expect uneven and open floor areas, floor openings, exposed framing and wiring, protruding nails, glass and construction debris throughout, and limited lighting.
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Contact MeTotal Monthly Payment
$2,173 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1
Total Interest Payments
$1
Total Payment (Principal + Interest)
$2
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.