Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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
$1,296,287 USD
Price Per SF
$540.12 USD
Cap Rate
5%
NOI
$64,850 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.04 AC
Frontage
18’ on Danforth Ave
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
90/100
Very bikeable
80/100

Nearby Major Retailers

Tim Hortons
Starbucks
TD Canada Trust
CIBC
Smoke's Poutinerie
Second Cup Cafe
Scotiabank
Royal Bank of Canada
Foodland
GoodLife Fitness
  • Listing ID: 31833568

  • Date on Market: 5/16/2024

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}