Find a Home Find a REALTOR® Living Room Blog Mortgage Calculator Currency CAD - Canadian Dollar English Français Sign In My Favourites My Favourites My Saved Searches My Saved Searches My Hidden Listings My Hidden Listings Contact: SABINA SCOTTO DI LUZIO Call Email Website Hide Add to My Favourites 1 hour ago $1,180,000 1297 DAVENPORT ROAD Toronto (Dovercourt-Wallace Emerson-Junction), Ontario M6H2H3 MLS® Number: W12802656 FOREST HILL REAL ESTATE INC. 3 + 1 Bedrooms 3 Bathrooms 1100 - 1500 Square Feet Get Qualified for a Mortgage Request a showing Are you interested in touring this listing? Request a showing Send email Save for laterSave for later Listing Description This fully renovated semi offers layered income potential in a transit-connected location investors actively pursue. The thoughtfully designed 3-bedroom main and upper level features a modern kitchen with quartz counters and clean contemporary finishes, while the self-contained lower-level suite includes a separate entrance, full kitchen, and bath - ideal for dual rental streams or owner-occupancy with income support. The layout is configured for maximum flexibility, allowing you to lease both units for optimized cash flow, live in one while offsetting your mortgage, or hold as a scalable long-term portfolio addition. Laneway housing potential introduces a compelling value-add component - an opportunity to increase density and future returns in a city actively embracing gentle intensification. Strong rental demand supported by proximity to TTC, major routes, and everyday amenities drives stable occupancy and long-term appreciation. With performance metrics competitive within the area, this asset positions strategically from both a cap-rate and equity-growth perspectives. Location. Income. Expansion potential. An intelligent acquisition in today's Toronto market - appealing to first-time buyers, seasoned investors, and forward-thinking developers alike. Don't wait - Call Today! Open House Sat & Sun Feb 21/22 from 2 to 4pm. (42181065)