1463 Davenport Rd
Toronto, Ontario
Baths
12
Sqft
11,500
Type
Investment
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.
Listing Details
- MLS #
- W13874648
- Board
- PROPTX
- Market
- ontario
- Property Type
- Investment
- Style
- Apartment
- Garage
- Outside/Surface
- Parking Spaces
- 9
- Heating
- Gas Forced Air Closd
- Cooling
- Part
- Lot Size
- 79 × 101 ft
- Annual Taxes
- $27,237/yr
- Listed By
- INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
- Listed On
- October 7, 2026
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