$4,499,000
1463 Davenport Road, Toronto, ON M6H 2H6
— beds12 baths
Key facts
- MLS®
- W13874648
- Status
- New
- Type
- Investment
- Taxes
- $27,237
- Listed
- 2026-10-08
- Brokerage
- INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
- Cross street
- Davenport & Dufferin
Description
5.6% CAP RATE | 15% RENTAL UPSIDE | VTB AVAILABLE! Acquire the Iron Factory Lofts, a boutique two-storey hard loft corner building in the heart of the Junction-Davenport neighbourhood. This 11,500 SF mixed-use property features 11 authentic loft-style residential units with soaring 14-foot ceilings, exposed industrial details, abundant natural light and private terraces, plus one ground-floor commercial retail space. The property generates a Net Operating Income (NOI) of $252,000, inclusive of management fees, repairs & maintenance, payroll, structural reserves and appliance reserves. With 7 of the 11 residential units leased below market, this investment provides stable in-place income with meaningful value-add rental upside.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.