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$ 1,550,000
Est. payment | /mo
3 Baths
3,378 SqFt
$ 1,550,000
Est. payment | /mo
3 Baths
3,378 SqFt
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%. *Contact listing agent for full financial details on rents, expenses and building inspection report. 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 65ft 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! Dont 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://youtu.be/ZIbIL5CaaYI?si=FkAqm9Q1BFimfPHC
Lited by EXP REALTY