2766 Danforth Avenue, Toronto E03, ON M4C 1L7

Toronto E03 M4C 1L7 Ontario

MLS: E12738872

$2,799,900

Added 16 days ago | For Sale

Listed by: VERTICAL MARKETING REALTY

About Property

Rare opportunity to acquire a prime income-producing asset on Danforth Avenue offering strong, stable cash flow with redevelopment upside. Fully occupied with quality tenants in place, this property features a ground-floor retail store with a two-bedroom apartment, two spacious legal two-bedroom apartments on the second floor, and one two-bedroom apartment on the third floor. All units are separately metered with tenants paying their own utilities, maximizing net income. Vacant possession is possible, providing flexibility for investors or future redevelopment. Steps to subway and GO Train stations. Located in a high-growth corridor surrounded by existing and planned developments along Danforth Avenue and Dawes Road. Income-producing redevelopment opportunities of this calibre are rarely offered for sale, making this an exceptional investment with immediate cash flow and long-term upside.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 18.21 X 141.47
  • Water:Municipal
  • Garage Spaces: /Underground
  • Driveway:
  • Heating Fuel:
  • Cross Street:Danforth/ Dawes Rd
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $9063.08
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:E12738872

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