1463 Davenport Road, Toronto, ON M6H 2H6
Dovercourt-Wallace Emerson-Junction · W02 · M6H 2H6
$4,499,000
$391 / sq ft4 weeks on market
- Bathrooms
- 12
- Total area
- 11,500 sf
- Lot
- 79 × 101 ft
What's special
- Outside/surface garage
- Partial
About this property
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.
Property details
Property
- Property type
- investment
- Bathrooms
- 12
- Interior size
- 11,500 sq ft
- Lot size
- 79 × 101 ft
- Zoning
- Residential
- Possession
- TBA
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Partial
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $4,499,000
- Property taxes
- $27,237 / year (2026)
- Price per sq ft
- $391
Listing
- MLS® number
- W13874648
- Status
- For sale
- Listed
- October 8, 2026
- Days on market
- 28
- Last updated
- October 8, 2026
- Listing brokerage
- INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 80% of comparable multi-unit / investment listings in Toronto are asking less.
- This home
- $391 / sq ft
- Comparable median
- $700 / sq ft
Based on 95 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $19,900.59
- Property tax (est.)
- $2,269.75
- Estimated monthly
- $22,170
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $98,950
- Toronto municipal
- $118,930
- Total due on closing
- $217,880
An estimate on the asking price of $4,499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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