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$ 1,550,000
Est. payment /mo
New
1359 DANFORTH AVENUE Toronto (greenwood-coxwell), ON M4J1N1
3 Baths
3,378 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,378 sqft
Price per Sqft $458
Subdivision Greenwood-Coxwell
MLS® Listing ID E12100756
Originating Board Toronto Regional Real Estate Board
Property Description
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! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Others
Virtual Tour https://youtu.be/ZIbIL5CaaYI?si=FkAqm9Q1BFimfPHC
Listed by EXP REALTY