$2,099,000
For sale: Other

Rare opportunity to acquire 1983 & 1985 Davenport Rd together in a rapidly developing Torontolocation. Excellent investment and future development potential with potential for 6-8 storeys,subject to approvals, plus rear laneway access. 1983 features commercial space on the mainfloor and a 2-bedroom unit on the second floor; 1985 features residential units, including afully renovated 3-bedroom apartment. All tenancies are month-to-month, offering flexibility forinvestors and future development. VTB financing available up to $1,760,000 for a 25-year term,subject to mutually agreed terms.
Sold data
Other homes in Toronto (Annex) took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 113, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.
The median sale price was $75,000.
Homes sold for about 8.2% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Annex) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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