3212 Danforth Ave 1,500 SF 100% Leased Retail Building Toronto, ON M1L 1C1 $790,912 USD ($527.27 USD/SF) 4.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Walking distance to Victoria Park Subway Station, providing easy access to Line 2 Bloor–Danforth
- Close proximity to local shops, restaurants, and services along Danforth Avenue
- Multiple commercial & residential units offering diversified income
EXECUTIVE SUMMARY
Introducing an exceptional opportunity nestled at 3212 Danforth Avenue, this property boasts a total size of 1,500 square feet with a 15-foot frontage on the bustling Danforth. This mixed-use gem comprises a well-appointed commercial unit on the ground floor, ideal for retail orservice-oriented businesses, while the second storey features two spacious residential units. Additionally, the property includes an immaculate lower-level one-bedroom apartment, providing an additional income source. Located in a vibrant Oakridge neighborhood this property is just walking distance from Victoria Park Subway station.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,500 SF
Building Class
C
Year Built
1917
Price
$790,912 USD
Price Per SF
$527.27 USD
Cap Rate
4.90%
NOI
$38,755 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.04 AC
Zoning
CR - CR3.5(c3.5;r3*811)
Frontage
15’ on Danforth Ave
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (83)
NEARBY MAJOR RETAILERS
