1359 Danforth Avenue Toronto, Ontario M4J 1N1
$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! (id:50886)
Property Details
| MLS® Number | E12100756 |
| Property Type | Retail |
| Community Name | Greenwood-Coxwell |
| Amenities Near By | Public Transit |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Appliances | Hood Fan, Stove, Refrigerator |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 3,378 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 100 Ft |
| Size Frontage | 19 Ft |
| Size Irregular | 19 X 100 Ft |
| Size Total Text | 19 X 100 Ft |
| Zoning Description | Cr3(c2;r2.5)*2219) |
Contact Us
Contact us for more information
Kerry Mantziounis
Salesperson
(416) 786-5379
www.kerryyouhome.com/
www.facebook.com/KerryMantziounis/
www.twitter.com/KerryYouHome
www.linkedin.com/in/kerryyouhome/
(866) 530-7737
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 28 2025 06:05:19
Toronto Regional Real Estate Board
Exp Realty