• 411 Canada/
• Real Estate/
• Ontario/
• Toronto/
• Oakridge/

• 3224 Danforth Ave, Toronto, ON M1L 1C1

$2,699,000 ^{FOR SALE}

Investment

Lot: 20 x 110 ftTotal Area: 4,000 ft²
2023 Taxes: $7,582.75

3224 Danforth Ave
Toronto, ON M1L 1C1 | Oakridge

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Opportunity to own a beautifully renovated and high performing investment property with upside potential. The property consists of five (5) residential and one (1) commercial storefront. This property is conveniently located and just a short walk to Victoria Park Station. NOI (2023) is$136,064.88. The property is being offered to the market at a 5% cap rate. All details to be verified by buyer and buyer's agent.

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Listed By	KAIZEN CAPITAL REALTY PARTNERS
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	E8277764
Last Updated	Apr 28, 2024

Property Summary

Property Type	Investment More like this: Toronto Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	064600146
Legal Description	PT LT 6 PL 808 SCARBOROUGH AS IN TB493777 EXCEPT
Occupancy	Tenant
Possession Date	Upon Closing
Taxes (2023)	$7,582.75
Tax Type	Annual
Directions/Cross Streets	Victoria Park & Danforth Avenue
Neighbourhood	Oakridge
Area	Toronto

Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information

Freestanding	Y
Bathrooms	6
Lot	20 x 110 ft
Retail Area	400 ft2
Office/Apt Area	3,600 ft2
Total Area	4,000 ft2
Air Conditioning	Y
Garage Type	None
Heat Type	Gas Forced Air Closd
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Building
Zoning	CR3.5(c3.5;r3*811), CR2.5(c2.5;r1.9*812)
Seller Property Info Statement	N

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