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Richard Rutkowski

[email protected] +1(905) 876-6660

$ 1,550,000

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New

1359 Danforth AVE Toronto E01, ON M4J 1N1

3 Baths

3,378 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,378 sqft

Price per Sqft $458

Subdivision Greenwood-Coxwell

MLS Listing ID E12100756

Annual Tax Amount $9,572

Tax Year 2024

Property Sub-Type Store W Apt/Office

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!

Location

Province ON

County Toronto

Community Greenwood-Coxwell

Area Toronto

Zoning CR3(c2;r2.5)*2219)

Interior

Cooling No

Inclusions All Electrical Light Fixtures Throughout Building. *2nd Floor: Fridge and Hood Fan. *3rd Floor: Fridge, Stove and Hood Fan.

Exterior

Parking Features None

Community Features Public Transit, Subways

Utilities Available Yes

Building

Lot Description Lot

Others

Virtual Tour https://unbranded.mediatours.ca/property/1359-danforth-avenue-toronto/

Lited by EXP REALTY

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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