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$3,498,000
Available - For Sale
Listing ID: E13535786
Situated prominently on the southwest corner of Danforth Avenue and Gillard Avenue, this mixed-use property of almost 9,000 sf is priced at under $400.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 10 residential units comprising a total of 28 bedrooms on the 2nd & 3rd floors and rear main floor accessed from 214 Gillard Ave, with ground-floor retail space along the Danforth frontage with steady pedestrian and vehicular traffic. While the property would benefit from updates, it presents a compelling value-add opportunity for investors seeking stable income with significant growth potential, or owner-operators to renovate, reposition, and customize the asset to suit their vision. The corner location offers flexibility for a variety of commercial uses including hospitality with patio potential. Located within the Greenwood Major Transit Area, the property stands to profit from ambitious intensification plans, including a proposed minimum density target nearly double the current population. 1363 - 1367 Danforth is a substantial corner property, on a major artery, and steps to a subway station offering an excellent opportunity for any Buyer.
Price $3,498,000
Taxes: $28,924
Tax Type: Annual
Occupancy by: Partial
Address: 1367 Danforth Avenue , Toronto, M4J 1N1, Toronto
Postal Code: M4J 1N1
Province/State: Toronto
Directions/Cross Streets: S/W corner Danforth/Gillard near Greenwood
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Multi-Use
Building Percentage: T
Total Area: 8,978
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: Full Address: 1363, 1365, 1367 Danfor
Maintenance: 0
Sprinklers: No
Heat Type: Gas Hot Water
Central Air Conditioning: No
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BOSLEY REAL ESTATE LTD.

1367 Danforth Avenue , Toronto, M4J 1N1, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
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416-981-7184

 
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At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E01
Neighbourhood: Greenwood-Coxwell
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Lot Size: x 100.00(Feet)
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Tax: $28,924
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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