Over 70 feet frontage on the Danforth, adjacent to Greek Town.


Property

Website:https://www.nestseekers.com/5618654
Address:
Toronto E03 M4J 1L9
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C6,700,000
($4,717,300)
(€4,124,400)
Annual Taxes:C48,000

Description

Over 70 feet frontage on the Danforth, adjacent to Greek Town. Backing onto Donlands Subway. Profitable businesses (licensed cafe 9 years, bar 42 years). Excellent potential for future redevelopment, in particular, seniors residence, medical centre, purpose built rental etc. Owner willing to lease back entire complex to provide holding income to mitigate risk for future larger development. Term to be negotiated.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario