$1,228,800 FOR SALE

Store W/Apartment/Office

Lot: 40.41 x 119.73 ftTotal Area: 2,188 ft2
2023 Taxes: $11,244.64

838 Danforth Rd
Toronto, ON M1K 1H5 | Kennedy Park

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.

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Listed By CENTURY 21 LEADING EDGE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8142866
Last Updated Apr 21, 2024
Property Summary
Property Type Store W/Apartment/Office

More like this:
Category Store With Apt/Office
PIN 064250436
Legal Description 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
Interested in obtaining the full price history for this property?
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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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