Jag Patel
Broker
$3,498,000
Available - For Sale
Listing ID: E13535786
1367 Danforth Avenue , Toronto, M4J 1N1, Toronto
| Situated prominently on the southwest corner of Danforth Avenue and Gillard Avenue, this mixed-use property of almost 9,000 sf is priced at under $400.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 10 residential units comprising a total of 28 bedrooms on the 2nd & 3rd floors and rear main floor accessed from 214 Gillard Ave, with ground-floor retail space along the Danforth frontage with steady pedestrian and vehicular traffic. While the property would benefit from updates, it presents a compelling value-add opportunity for investors seeking stable income with significant growth potential, or owner-operators to renovate, reposition, and customize the asset to suit their vision. The corner location offers flexibility for a variety of commercial uses including hospitality with patio potential. Located within the Greenwood Major Transit Area, the property stands to profit from ambitious intensification plans, including a proposed minimum density target nearly double the current population. 1363 - 1367 Danforth is a substantial corner property, on a major artery, and steps to a subway station offering an excellent opportunity for any Buyer. |
| Price | $3,498,000 |
| Taxes: | $28924.00 |
| Tax Type: | Annual |
| Occupancy: | Partial |
| Address: | 1367 Danforth Avenue , Toronto, M4J 1N1, Toronto |
| Postal Code: | M4J 1N1 |
| Province/State: | Toronto |
| Directions/Cross Streets: | S/W corner Danforth/Gillard near Greenwood |
| 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: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 8978.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Full Address: 1363, 1365, 1367 Danfor |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
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| BOSLEY REAL ESTATE LTD. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto E01 |
| Neighbourhood: | Greenwood-Coxwell |
| Tax: | $28,924 |
| Fireplace: | N |
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