Don't miss this mixed-use property features one primary commercial unit alongside two separate residential units, each with its own separate entrance on Danforth Road. The residential spaces are thoughtfully arranged, with a 2-bedroom apartment upstairs and a 1-bedroom unit in the basement, catering to a variety of living situations. Importantly, this property has the potential to generate approx $7,000 per month, making it a lucrative investment opportunity. Spanning over 3,000 square feet of usable space (including Bmst Appt), the property offers ample room for a variety of uses. Additionally, this property boasts over 8 parking spots and includes a 2-car garage equipped with an updated electrical panel. The serene backyard provides a private space for personal enjoyment. Conveniently located within walking distance to a TTC bus stop, as well as nearby supermarkets and plazas, this property offers both accessibility and exceptional value.
Extras
2 fridges, 2 stove, 2 washer and dryer. CAC, All ELF. The commercial machines are available for sale if needed.
PT LT 7 PL 2029 SCARBOROUGH; PT LT 8 PL 2029 SCARBOROUGH AS IN TB9324; TORONTO , CITY OF TORONTO
Occupancy
Own+Ten
Possession Date
Flexible
Taxes (2023)
$11,244.64
Tax Type
Annual
Directions/Cross Streets
Danforth Rd & Midland Ave
Neighbourhood
Kennedy Park
Area
Toronto
Price History
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Detailed Information
Freestanding
N
Lot
40.41 x 119.73 ft
Retail Area
20 percent
Industrial Area
80 percent
Office/Apt Area
20 percent
Total Area
2,188 ft2
Elevator
None
Air Conditioning
Part
Basement
Y
Garage Type
Double Detached
Parking Spaces
8
Heat Type
Gas Forced Air Open
Outside Storage
Y
Sprinklers
N
Sewers
San Avail
Utilities
Y
Water
Municipal
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
Commercial/Residential
Seller Property Info Statement
N
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