Toronto E03 M4C 1L7 Ontario
MLS: E12738872
Added 16 days ago | For Sale
Listed by: VERTICAL MARKETING REALTY
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.