ON > Toronto (greenwood-coxwell) > Greenwood-Coxwell
Toronto (greenwood-coxwell), ON M4J1N1,1359 DANFORTH AVENUE
Toronto (greenwood-coxwell), ON M4J1N1,1359 DANFORTH AVENUE
Toronto (greenwood-coxwell), ON M4J1N1,1359 DANFORTH AVENUE
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Gail Reeves Reid

Gail Reeves Reid

EXP Realty Brokerage

+1(416) 540-8681
$1,550,000
Est. payment /mo
3 Baths
3,378 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,378 sqft

Price per Sqft $458

Subdivision Greenwood-Coxwell

MLS® Listing ID E12100756

Source Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Others

Virtual Tour https://youtu.be/ZIbIL5CaaYI?si=FkAqm9Q1BFimfPHC

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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