1169 Davenport Road in Toronto: Wychwood Commercial for sale (Toronto C02) : MLS®# C13837852
Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.
Newly built, thoughtfully designed residence offering a turnkey income fourplex offering an attractive projected cap rate of approximately 5%. Gross Rent (Est.) is $177,600 per annum, and Net Operating Income is approximately $154,554 per annum. Property is over 4,400 sq ft., comprised of four spacious, two-story townhome-style suites. Each suite features 2 bedrooms and 2 to 3 bathrooms, carefully laid out to maximize both functionality and comfort. The interiors are finished with contemporary design elements throughout, highlighted by sleek kitchens equipped with stainless steel appliances, stone countertops, and generous cabinetry. Bright and airy principal rooms are complemented by large windows and elevated ceiling heights, creating a warm, inviting living environment across all units. Three units have balconies and patios with gas connections for BBQs. The lower level is enhanced with radiant-heated polished concrete floors, delivering both modern appeal and year-round comfort. Additional features include in-suite laundry, electric fireplaces, efficient forced-air heating, and central air conditioning, ensuring convenience and ease of living for both owners and tenants. Located within the prestigious Wychwood / Hillcrest enclave, this address offers a refined urban lifestyle defined by character, culture, and convenience. Situated steps from transit along Davenport and near Ossington, the property offers easy access to surrounding neighbourhoods, parks, and local amenities, earning the area a reputation as a"Walker's Paradise. Just minutes from St. Clair Avenue West, residents enjoy easy access to shops, cafes, restaurants, and everyday essentials, along with convenient TTC transit connections to downtown Toronto and surrounding neighbourhoods.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
1892 sq. ft. Square Feet
Total Area:
1,892.45 sq. ft.176 m2
Lot Depth:
108'2"33 m
Lot Frontage:
17'6"5.33 m
Bedrooms:
8
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
4
Zoning:
CR1.5(c1;r1.5*1593)
Heating type:
Gas Forced Air Open
Heating Fuel:
Gas
Garage:
None
Parking Spaces:
2
Possession Details:
Immediate
Lot Irregularities:
Irregular*see survey
HST Applicable To Sale Price:
Included In
Development Charges Paid:
Yes
Type Taxes:
Annual
Taxes:
$15,964 /
2026
Assessment:
$- /
-
Toronto
Toronto C02
Wychwood
Boiler and Tankless Water Heater
Ownership Opportunities-This versatile property lends itself to a variety of ownership structures: Owner-Occupier Investment: Live in one suite while generating high rental income from the remaining three units. Alternatively, the Builder can combine two or more suites to create a larger family home while renting out the remaining units. Co-Ownership Model: Ideal for joint ownership, with each party owning two suites-living in one while generating income from the other.Multi-Generational Living: A practical solution for extended families seeking proximity with privacy, allowing each household to enjoy its own self-contained space
• Dual Income Potential – Earn from both residential tenants and commercial leases • Ideal for Business Owners – Live and work in the same space or rent one out • High Demand in Urban Centers – Great appreciation in key GTA neighborhoods • Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation
Explore Commercial Residential Across the GTA
From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:
Hamilton & Durham – More affordable options with upside potential
Toronto Core – High foot traffic and visibility
Vaughan & Richmond Hill – Rapid suburban growth
Tips for Buying a Commercial Residential Property
Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.
Start Your Search for a Commercial Residential Property Today
Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.
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FAQs – Commercial Residential for Sale
1. What is a commercial residential property? It’s a mixed-use property that combines residential living space with commercial units, like retail or office.
2. Are these properties good investments? Yes. They offer dual income streams and strong appreciation in high-growth areas.
3. Can I live in the residential portion and rent the commercial part? Absolutely. Many owners choose to occupy one space and lease the other for income.
4. What financing options are available? You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.