1363-1367 Danforth AVE new

Toronto E01,ON M4J 1N1

$ 4998000

- Bed

- Bath

8978 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,978 sqft

Price per Sqft $556

Subdivision Greenwood-Coxwell

MLS Listing ID E12144455

Annual Tax Amount $26,924

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

S/W corner of Danforth and Gillard allowing for ample space for outdoor display or patio potential. Configured as 10 apartments w/ main floor retail generating a 5.78% cap rate after expenses, based on asking price with great upside potential. Excellent opportunity for an investor or user with future development possibilities. Adjacent property also for sale. Located in the Greenwood Major Transit Area with a proposed minimum density target almost double the areas current population.

Location

State ON

County Toronto

Community Greenwood-Coxwell

Area Toronto

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 46.0

Lot Depth 100.0

Others

Security Features No

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