1359 Danforth Avenue

Store W Apt/Office For Sale in Greenwood-Coxwell, Toronto E01

$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!
Address
1359 Danforth Avenue
List Price
$1,550,000
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Area
Toronto E01
Sub-Area
Greenwood-Coxwell
County
Toronto
Bathrooms
3
Lot Depth
100
Lot Type
Lot
Lot Size Units
Feet
Lot Width
19
MLS® Number
E12100756
Listing Brokerage
EXP REALTY
Postal Code
M4J 1N1
Tax Amount
$9,571.70
Tax Year
2024
Community Features
Public Transit, Subways
Heat Type
Water Radiators
Cooling Features
No
Garage Type
None
Security Features
No

Request More Info or a Showing

Oliver Macko | Real Estate Broker | Founder

Sage Real Estate Limited

2010 Yonge St Toronto ON M4S 1Z9

Mobile: 416-522-6636

Office: 416-483-8000

Email Directly