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467 Danforth Ave 2,400 SF 100% Leased Retail Building Toronto, ON M4K 1P1 $1,288,756 USD ($536.98 USD/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Access to public transit
  • 1 Parking Spot
  • Basement
  • Residential apartment on the second floor with a sunroom

EXECUTIVE SUMMARY

Great investment opportunity in Greek Town! This two-storey building is located in a highly desirable location with lots of foot traffic and is only steps away from the subway station. The main floor features a commercial space of approximately 1200 sqft, a full basement and one parking spot. The second floor is a 2-bedroom apartment, approximately 1122 sqft in size, complete with a sunroom. The apartment pays for its own gas and hydro. **** EXTRAS **** Buyer to assume all Tenants.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,400 SF
Building Class
C
Year Built
1913
Price
$1,288,756 USD
Price Per SF
$536.98 USD
Cap Rate
5%
NOI
$64,474 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.04 AC
Frontage
18’ on Danforth Ave
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tim Hortons
Starbucks
TD Canada Trust
CIBC
Wimpy's Diner
Osmow's
Second Cup Cafe
Scotiabank
Royal Bank of Canada
Foodland
  • Listing ID: 31833568

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 467 Danforth Ave, Toronto, ON M4K 1P1

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