$1,550,000
1359 Danforth Avenue, Toronto, ON M4J 1N1
Greenwood-Coxwell, Toronto,
Properties with this icon are courtesy of
TRREB.
Open your real estate portfolio to this opportunity of owning this 3-Storey Commercial Building in the gentrifying Danforth Corridor! Located just steps away from Greenwood Subway Station! Great cafés, restaurants and other businesses in the area! Potential market rents could be $9,750/month with a cap rate of 6.52%. AMAZING OPPORTUNITY FOR DEVELOPMENT!!!.... The corner building that is to the left of 1359 Danforth Ave is also for sale! Combine both buildings for a total of 68ft x 100ft on a corner block! Future Ontario Line and new condo developments are changing the landscape in this area. This building is 19ft x100ft and has a retail space of 871 SqFt with about 16 ft retail store glass frontage and high ceilings! Plus, another 879 SqFt in the basement with a separate rear access! The existing tenants occupy the main floor retail, basement + 2nd Floor apartment. The 2nd set of tenants occupy the 3rd Floor apartment. Both the 2nd Floor apartment and 3rd Floor apartment have a similar footprint of 814 SqFt each! They both have: Front and rear access! Great sized 2 bed + den! Family room! Kitchen! 4-pc Bath! Walkout balcony! All apartments are self contained with (3) separate hydro meters and (3) water tanks! 2 surface parking spots at rear lane! Don't miss this rare opportunity to own a great investment in this fabulous central location! Too much to mention!!!...Click 'Virtual Tour' button!
- HoldoverDays: 90
- Property Type: Commercial
- Property Sub Type: Store W Apt/Office
- Directions: Danforth Ave / Greenwood Ave
- Tax Year: 2024
- ParkingSpaces: 2
- WashroomsType1: 3
- Cooling: No
- HeatType: Water Radiators
- Building Area Total: 3378
- Building Area Units: Square Feet
- Parcel Number: 210320123
- LotSizeUnits: Feet
- LotDepth: 100
- LotWidth: 19
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