721 DANFORTH AVE

Investment Opportunity, A Combination Of Stable Income, The Potential For Capital Appreciation, And Strategic Positioning In A High-traffic Location With Promising Future Developments.** Commercial Unit: Approximately 1420 sqft With A Underground of approximately 789 sqft. It's Leased To a AAA Tenant, H&R Block, Providing A Stable Income Stream. ** Residential Apartments: There Are Four Updated Apartments, Each Approximately 700 sqft, Featuring One Bedroom Plus A Den And 1.5 Baths. The Separate Dens Offer Added Flexibility And Appeal To Tenants. All Units Are Separately Metered For Gas And Electricity, Reducing Administrative Overhead. The Property Includes Heating/AC And One Surface Parking Space For The Commercial Tenant, Enhancing Tenant Satisfaction And Convenience. The Proximity To Pape Subway Station Assures Long-Term Growth Potential For The Property, Especially Considering Its Role As A Future Hub Station Connecting Major Areas. Increased Demand In The Area & Higher Appreciation Due To The Proposed Development Project Just Across The Street. Close To Toronto's Top Restaurants And Bars Enhance The Property's Attractiveness To Both Tenants And Potential Future Buyers.

EXTRAS 4 Washer/Dryer, 4 Fridges, 4 Stoves, 4 Hood Fans, All Electrical Light Fixtures & Window Coverings.