$1,180,000
60 days on market
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This fully renovated semi offers layered income potential in a transit-connected location investors actively pursue. The thoughtfully designed 3-bedroom main and upper level features a modern kitchen with quartz counters and clean contemporary finishes, while the self-contained lower-level suite includes a separate entrance, full kitchen, and bath - ideal for dual rental streams or owner-occupancy with income support. The layout is configured for maximum flexibility, allowing you to lease both units for optimized cash flow, live in one while offsetting your mortgage, or hold as a scalable long-term portfolio addition. Laneway housing potential introduces a compelling value-add component - an opportunity to increase density and future returns in a city actively embracing gentle intensification. Strong rental demand supported by proximity to TTC, major routes, and everyday amenities drives stable occupancy and long-term appreciation. With performance metrics competitive within the area, this asset positions strategically from both a cap-rate and equity-growth perspectives. Location. Income. Expansion potential. An intelligent acquisition in today's Toronto market - appealing to first-time buyers, seasoned investors, and forward-thinking developers alike.
1297 Davenport Road
Closest publicly funded schools within 5 km · tap a row for EQAO breakdown
Source: Ontario Ministry of Education · EQAO scores 0–100 · straight-line distances
Nearest rapid transit and bus stops
Source: TTC GTFS · straight-line distances · routes shown are short names
151 within a 10-min walk · 532 within 20 min · click a card to see the closest ones
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance
Listing provided by FOREST HILL REAL ESTATE INC.
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Data last updated: April 19, 2026 at 09:42 p.m.