Toronto E03 M4J 1M3

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 2 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C1,420,000
($1,019,290)
(€868,501)
Annual Taxes:C12,316
505 Park Ave, New York, NY 10022

Description

Outstanding mixed-use investment property in a prime Danforth location, just a four-minute walk to Greenwood Subway. This well-maintained building features 1,826 square feet of main floor commercial space, a full 1,764 square foot basement, and a spacious second-floor apartment of approximately 1,000 square feet. The main floor commercial unit is currently leased at $28 per square foot, while the second-floor two-bedroom apartment generates $2,070 per month, providing a strong income stream with a 5% cap rate. The commercial space is move-in ready and perfectly suited for law firms, accounting firms, or other professional offices, offering excellent visibility and steady foot and vehicle traffic on the vibrant Danforth. Client parking is conveniently located across the street at a Green P lot, with additional monthly parking options nearby, and the property is surrounded by cafés, restaurants, and new condo developments that ensure long-term tenant demand and consistent exposure. This is a rare opportunity to acquire a turnkey property with reliable income and exceptional end-user potential in one of Torontos most desirable neighbourhoods.

Amenities

  • Other

Outstanding mixed use investment property in a prime Danforth location, just a four minute walk to Greenwood Subway.


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    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.