NewFor Sale

721 Danforth Avenue
Toronto E01, Toronto, ON, M4J 1L2

Store W Apt/Office
TRREB
MLS® Number: E12340345
$2,500,000List Price
Store W Apt/OfficeProperty Type
4,567 sq ftSize
$17,964 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 721 Danforth Avenue, Toronto E01, ON M4J 1L2

0 Transactions by CPRB Agents

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Description

We Are Excited To Present This Exceptional Investment Opportunity, Featuring A Commercial Unit Of Approximately 1,420 Sqft, Complemented By An Underground Space Of About 789 Sqft, Currently Leased To A AAA Tenant, Ensuring A Stable Income Stream. Additionally, There Are Four Newer Residential Apartments, Each Around 700 Sqft, Boasting One Bedroom Plus A Den And 1.5 Baths, With The Separate Dens Providing Added Flexibility And Appeal, Which Enhances Tenant Desirability. All Units Are Separately Metered For Gas And Electricity, Significantly Reducing Administrative Costs. The Property Includes Heating And AC, Along With One Surface Parking Space Dedicated To The Commercial Tenant, Ensuring Convenience And Satisfaction. Its Prime Location Near Pape Subway Station Positions The Property For Long-Term Growth, Particularly With Its Future Hub Status Connecting Major Areas. The Increased Demand In The Region, Coupled With The Proposed Development Project Across The Street, Further Enhances Appreciation Potential. Lastly, Close Proximity To Toronto's Finest Restaurants And Bars Adds To The Property's Appeal, Making It Attractive To Both Current Tenants And Prospective Buyers. This Opportunity Combines Solid Investment Fundamentals With The Promise Of Future Growth, So Dont Miss Your Chance To Capitalize On This Prime Asset In A Thriving Area!

Features

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Amenities

No amenities available

Summary

Tax (Annual):$17,964 / 2024
Listing #:E12340345
Property Type:Store W Apt/Office
Size:4,567 sq ft
Land Size:16.66 x 110.42
Days on CPRB:
Garage:Lane
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX CONDOS PLUS CORPORATION

Rooms

Details

Property

Property Type:Store W Apt/Office
Community:Blake-Jones
Municipality:Toronto

Building

Size:4,567 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Lane
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Electric Forced Air

Land

Cross Street:Danforth/Pape

$2,500,000

List price

721 Danforth Avenue, Toronto E01 – Store W Apt/Office for sale