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$1,550,000
Available - For Sale
Listing ID: E12100756
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!
Price $1,550,000
Taxes: $9,572
Tax Type: Annual
Occupancy by: Tenant
Address: 1359 Danforth Aven , Toronto, M4J 1N1, Toronto
Postal Code: M4J 1N1
Province/State: Toronto
Legal Description: PT LT 119-120 PL 463E TORONTO AS IN CT93
Directions/Cross Streets: Danforth Ave / Greenwood Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 3,378
Total Area Code:  Square Feet
Office/Appartment Area: 1628
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Maintenance: 0
Sprinklers: No
Heat Type: Water Radiators
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

1359 Danforth Aven , Toronto, M4J 1N1, Toronto


 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Toronto
Municipality: Toronto E01
Neighbourhood: Greenwood-Coxwell
Style:
Lot Size: x 100.00(Feet)
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Tax: $9,572
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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