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721 DANFORTH AVENUE Toronto (blake-jones), ON M4J1L2
4,567 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,567 sqft
Price per Sqft $547
Subdivision Blake-Jones
MLS® Listing ID E12340345
Source Toronto Regional Real Estate Board
Property 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! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX CONDOS PLUS CORPORATION