3224 Danforth AVE new

Toronto E06,ON M1L 1C1

$ 2250000

- Bed

- Bath

4000 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $562

Subdivision Oakridge

MLS Listing ID E12143635

Annual Tax Amount $7,582

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 110.0

Lot Front 20.0

Property Description

Opportunity to own a beautifully renovated and high performing investment property with upside potential. The property consists of five (5) residential and one (1) commercial storefront. This property is conveniently located and just a short walk to Victoria Park Station. NOI (2024) was $140,806.07. The property is being offered to the market at a 6.3% cap rate. All details to be verified by buyer and buyer's agent.

Location

Province ON

County Toronto

Community Oakridge

Area Toronto

Zoning CR 2.5 (c2.5; r1.9) SS2 (x812)

Interior

Cooling Yes

Inclusions 1 dishwasher, 2 washers, 2 dryers, 5 fridges, 5 stoves, 4 microwaves

Exterior

Utilities Available Yes

Lot Frontage 20.0

Lot Depth 110.0

Others

Security Features No

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