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:53661)
Property Details
| MLS® Number | E12100756 |
| Property Type | Retail |
| Neigbourhood | East York |
| 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) |
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May 22 2025 08:17:32
Toronto Regional Real Estate Board
Exp Realty
