Prime property on Danforth Avenue offers an exceptional investment opportunity. Spanning 1,888 square feet across two stories with 28 feet of frontage on Danforth Ave. The ground floor hosts Subway restaurants until 2025 and is just waiting for the new owner to negotiate a multi-year renewal. The upper floors boast a fully tenanted large bedroom apartment and a bachelor, offering a steady stream of income. Each unit is separately metered. Steps away from the Greenwood subway station, this property presents a lucrative prospect for investors.
PT LT 407 N/S DANFORTH AV PL 509E TORONTO; PT LT 408 N/S DANFORTH AV PL 509E TORONTO AS IN CA262070; TORONTO CITY OF TORONTO
Occupancy
Tenant
Possession Date
Immediate
Taxes (2023)
$11,692
Tax Type
Annual
Directions/Cross Streets
Danforth Ave & Greenwood Ave
Neighbourhood
Danforth
Area
Toronto
Price History
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Detailed Information
Freestanding
N
Lot
17.48 x 110.16 ft
Retail Area
944 ft2
Office/Apt Area
944 ft2
Total Area
1,888 ft2
Air Conditioning
Y
Basement
Y
Garage Type
None
Parking Spaces
2
Heat Type
Gas Forced Air Open
Sprinklers
Y
Utilities
A
Water
Municipal
Lot/Bldg/Unit Code
Building
Zoning
CR3(c2;r2.5*2219)
Seller Property Info Statement
N
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