The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Prime Investment Opportunity in the Heart of Carleton Village An exceptional and rare opportunity to acquire a commercial/residential building in one of Toronto's rapidly evolving corridors. Located at 1853 Davenport Rd, this 3-storey property offers outstanding income potential, high visibility, and flexible occupancy options. Positioned along a high pedestrian and vehicular traffic strip, the property benefits from excellent exposure and is surrounded by vibrant neighbourhoods, new condominium developments, and strong area amenities. The main floor features a well-established commercial space currently operating as an accounting office, complete with a rear 1-bedroom suite. The finished basement includes a separate entrance and a 2-bedroom apartment, currently tenanted. Above, the second and third floors comprise a spacious 2-storey residential unit offering 4 bedrooms, each with its own private 3-piece ensuite, plus a full kitchen on each level - an ideal layout for multi-tenant rental or shared living arrangements. The entire building can be delivered vacant upon possession, providing a rare opportunity for investors, owner-operators, or end-users seeking full control of the asset. Surrounded by TTC access, shops, cafés, boutiques, banks, and just minutes to Yorkdale Mall, Hwy 401, 400, Allen Road, and the Gardiner Expressway, this property offers unmatched convenience and long-term growth potential. A prime opportunity to secure a high-exposure, income-generating asset in a rapidly developing Toronto location.
Demographic data is not available for this area yet.
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,455/mo
Mortgage (principal + interest)$4,115
Property taxFrom listing: $4,080/yr$340
Minimum $84,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$219,980
Ontario land transfer taxProvincial brackets, no first-time refund$18,473
Toronto land transfer taxMunicipal brackets, no first-time refund$18,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$259,726
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
