1463 Davenport Rd, Toronto, Ontario, M6H 2H6
Description
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.
Home Details
List Date
2026-10-07
Style
Apartment
Type
Investment
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
-
Bathrooms
12
Heating
Gas Forced Air Closd
Cooling
-
Parking
9 Spaces
Appliances & Equipment
Inclusions
None specified.
Exterior
Construction
-
Water & Sewer
Municipal
Lot Size
79 x 101 Feet
Garage
Outside/Surface
Taxes
$27K (2026)
Listing Brokerage
Brokerage Name
INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
RealtHer Group
Real Estate Brokers
RE/MAX Metropolis
Share This Listing
Let's Talk About Your Next Move
Whether you are purchasing your first home, planning your next investment, or exploring pre-construction projects, Reema and Pirasha are here to deliver strategic guidance.
Personalized GTA Expertise
Every submission is reviewed personally by our founding brokers. We will connect with you directly to evaluate your specific goals and timeline.