1180 Danforth Avenue Toronto, Ontario M4J 1M3

$1,420,000

Outstanding mixed-use investment property in a prime Danforth location, just a four-minute walk to Greenwood Subway. This well-maintained building features 1,826 square feet of main floor commercial space, a full 1,764 square foot basement, and a spacious second-floor apartment of approximately 1,000 square feet. The main floor commercial unit is currently leased at $32 per square foot (approximately $3,200 per month), while the second-floor two-bedroom apartment generates $2,200 per month, providing a strong income stream with a 5% cap rate. The commercial space is move-in ready and perfectly suited for law firms, accounting firms, or other professional offices, offering excellent visibility and steady foot and vehicle traffic on the vibrant Danforth. Client parking is conveniently located across the street at a Green P lot, with additional monthly parking options nearby, and the property is surrounded by cafés, restaurants, and new condo developments that ensure long-term tenant demand and consistent exposure. This is a rare opportunity to acquire a turnkey property with reliable income and exceptional end-user potential in one of Torontos most desirable neighbourhoods. (id:53661)

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https://www.realtor.ca/real-estate/28931026/1180-danforth-avenue-toronto-danforth-danforth