$2,500,000
Available - For Sale
Listing ID: E12340345
721 Danforth Aven , Toronto, M4J 1L2, Toronto
| 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! |
| Price | $2,500,000 |
| Taxes: | $17964.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 721 Danforth Aven , Toronto, M4J 1L2, Toronto |
| Postal Code: | M4J 1L2 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Danforth/Pape |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | F |
| Total Area: | 4567.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 3147 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX CONDOS PLUS CORPORATION |
|
|
NASSER NADA
Broker
Dir:
416-859-5645
Bus:
905-507-4776
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto E01 |
| Neighbourhood: | Blake-Jones |
| Tax: | $17,964 |
| Fireplace: | N |
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