Investment For Sale In Davisville, Toronto, Ontario
$3,250,000-
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Property Information:
Welcome to 229 & 229R Manor Rd E - a rare, income-generating gem in the heart of Davisville Village. Experience two homes offering over 5,000 sq ft of beautifully designed living space on one exceptional lot. The main house is a impeccably updated, detached home with three fully legal spacious, executive-level suites - each approximately 1,100 sq ft - including two 2-bedroom units, a large 3-bedroom lower suite, and masterfully landscaped outdoor spaces. All are separately metered, with upgraded systems throughout, including full rewiring, and an underpinned basement with over 8 foot ceiling height. Tucked just behind, discover a show-stopping 1,700 sq ft 2-bedroom detached laneway home with over 900 sq ft of sun-filled, contemporary living space perched above a 3-car garage with heated flooring and an EV rough-in. Lovingly built and maintained by experienced developers, this turnkey property was crafted with long-term comfort, durability, and design in mind. It's ideal for savvy investors, multi-generational families, co-ownership buyers, or downsizers looking to convert their home equity into a vibrant lifestyle and strong monthly income. Gross rent potential over $180,000/year, 4.7% Cap rate. All of this, just steps to Mount Pleasant's Michelin Mile, the future Eglinton LRT, June Rowlands Park, top-rated schools, boutique shops, cafes, and more. This is a rare opportunity to own two incredible homes on one extraordinary lot - come see it before it's gone! (id:27)
Building Features:
- Style: Multiplex
- Building Type: Other
- Air Conditioning: Yes
- Amenities: Separate Heating Controls, Separate Hydro Meters
- Basement Type: N/A, N/A
- Construction Status: Insulation upgraded
- Exterior Finish: Brick
- Fire Protection: Smoke Detectors
- Fireplace: Yes
- Floor Space: 3500 - 5000 sqft
- Flooring Type: Hardwood, Ceramic, Vinyl
- Foundation Type: Concrete
- Heating Type: Radiant heat
- Heating Fuel: Natural gas
- Cooling Type: Wall unit
- Appliances: Garage door opener remote, Water meter, Dishwasher, Dryer, Microwave, Range, Stove, Washer, Window Coverings, Wine Fridge, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 6+3
- Bathrooms: 5
- Amenities Nearby: Park, Public Transit, Schools
- Community Features: Community Centre
- Features: Lighting, Carpet Free, Sump Pump
- Floor Space (approx): 3500 - 5000 Square Feet
- Irregular: Yes
- Landscape Features: Landscaped, Lawn sprinkler
- Lot Depth: 125.0 Feet
- Lot Frontage: 32.0 Feet
- Lot Size: 32 x 125 FT
- Structure Type: Patio(s), Porch
- Utility Type: Sewer - Installed, Cable - Available, Hydro - Installed
- Sewer: Sanitary sewer
- Parking Type: Detached garage, Garage
- No. of Parking Spaces: 3
Rooms:
- Kitchen 2nd Level 3.08 m x 2.45 m 10.10 ft x 8.04 ft
- Living 2nd Level 4.80 m x 3.98 m 15.75 ft x 13.06 ft
- Dining 2nd Level 3.98 m x 3.44 m 13.06 ft x 11.29 ft
- Primary Bedroom 2nd Level 4.94 m x 2.94 m 16.21 ft x 9.65 ft
- 2nd Bedroom 2nd Level 3.51 m x 2.71 m 11.52 ft x 8.89 ft
- Bathroom 2nd Level 2.50 m x 1.48 m 8.20 ft x 4.86 ft
- Kitchen Basement Level 5.01 m x 5.97 m 16.44 ft x 19.59 ft
- Living Basement Level 5.01 m x 5.97 m 16.44 ft x 19.59 ft
- Primary Bedroom Basement Level 3.20 m x 3.00 m 10.50 ft x 9.84 ft
- 2nd Bedroom Basement Level 3.21 m x 2.94 m 10.53 ft x 9.65 ft
- 3rd Bedroom Basement Level 2.66 m x 3.69 m 8.73 ft x 12.11 ft
- Bathroom Basement Level 2.39 m x 1.42 m 7.84 ft x 4.66 ft
- Bathroom Basement Level 2.40 m x 1.43 m 7.87 ft x 4.69 ft
- 2nd Bedroom Main Level 3.51 m x 2.76 m 11.52 ft x 9.06 ft
- Bathroom Main Level 2.47 m x 1.50 m 8.10 ft x 4.92 ft
- Kitchen Main Level 5.46 m x 3.09 m 17.91 ft x 10.14 ft
- Living Main Level 9.27 m x 3.53 m 30.41 ft x 11.58 ft
- Dining Main Level 9.27 m x 3.53 m 30.41 ft x 11.58 ft
- Primary Bedroom Main Level 4.61 m x 2.95 m 15.12 ft x 9.68 ft
- Kitchen Upper Level 3.04 m x 3.65 m 9.97 ft x 11.98 ft
- Living Upper Level 4.75 m x 3.65 m 15.58 ft x 11.98 ft
- Primary Bedroom Upper Level 3.86 m x 3.20 m 12.66 ft x 10.50 ft
- 2nd Bedroom Upper Level 3.86 m x 2.74 m 12.66 ft x 8.99 ft
- Bathroom Upper Level 3.86 m x 1.52 m 12.66 ft x 4.99 ft















































