1359 DANFORTH AVENUE

Toronto (Greenwood-Coxwell), , M4J1N1, Canada

$1,550,000

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!

EXTRAS: Refrigerator, Stove, Hood Fan

Virtual Tour: https://youtu.be/ZIbIL5CaaYI?si=FkAqm9Q1BFimfPHC

Last updated on : Monday 28th of April 2025 02:20:35 PM

ADDRESS

Street : 1359 DANFORTH AVENUE

City : Toronto (Greenwood-Coxwell)

Country : Canada

Postal Code : M4J1N1

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PROPERTY SUMMARY

Property ID : E12100756

Building Type : Residential Commercial Mix

Property Type : Retail

Bathrooms : 3

Parking : 2

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