721 Danforth Avenue,Toronto (Blake-Jones), ON M4J1L2
Toronto (Blake-Jones), ON M4J1L2
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:13843)
Details
| MLS # | E13474978 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 121 |
| Listing Provided By | RE/MAX CONDOS PLUS CORPORATION | ROD LIMOOCHI TRAJI |
Features
| SQ Feet | 4,567 |
|---|---|
| Zoning | Commercial/Residential CR3(c2.5; |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air |
| Appliances | Washer, Dryer, Hood Fan, Window Coverings |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 18760 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Blake-Jones) |
| Postal Code | M4J1L2 |
| Listing VS Median (in M4J1L2) | |
Price: $1,999,900 low | high Med: $1,000,825 sqft: 4,567 low | high Med: 2,634 $ / sqft: $438 low | high Med: $220 On site: 121 low | high Med: 70.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Blake-Jones) |
| Postal Code | M4J1L2 |
| Listing VS Median (in M4J1L2) | |
Price: $1,999,900 low | high Med: $1,000,825 sqft: 4,567 low | high Med: 2,634 $ / sqft: $438 low | high Med: $220 On site: 121 low | high Med: 70.5 | |
