783 Danforth Avenue,Toronto (Blake-Jones), ON M4J1L2
Toronto (Blake-Jones), ON M4J1L2
Description
Exceptional 6.3 CAP turn-key mixed-use investment opportunity in the heart of Toronto's vibrant Danforth corridor! 783 Danforth Avenue offers an impressive combination of commercial and residential income with six distinct income-producing components.The property features an established long term main-floor restaurant, lower-level retail space and four spacious two-bedroom apartments across the upper two levels. Three of the four apartments have been renovated, providing attractive, updated living spaces with strong rental appeal. All units are separately hydro metered, helping reduce landlord expenses and simplify management.Ideally positioned on a high-visibility stretch of Danforth Avenue with strong pedestrian and vehicular traffic, the property benefits from excellent transit access and is surrounded by established restaurants, shops, services and neighbourhood amenities.An outstanding opportunity for investors seeking diversified income from both commercial and residential tenancies, with the added potential to further enhance revenue and long-term value. A compelling addition to any real estate portfolio in one of Toronto's most established mixed-use corridors. (id:13843)
Details
| MLS # | E13886782 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 8 |
| Listing Provided By | INTERNATIONAL REALTY FIRM, INC. | RYAN MICHAEL MENDONCA |
Features
| Bath(s) | 7 Total |
|---|---|
| SQ Feet | 4,087 |
| Zoning | Cr3(C2.5;R2.5)Ss(X2426) |
Interior
| Cooling | Partially air conditioned |
|---|---|
| Heating | Hot water radiator heat, Natural gas |
| Appliances | Washer, Dryer, Hood Fan |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 16854 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Toronto (Blake-Jones) |
| Postal Code | M4J1L2 |
| Listing VS Median (in M4J1L2) | |
Price: $2,300,000 low | high Med: $1,000,825 sqft: 4,087 low | high Med: 2,634 $ / sqft: $563 low | high Med: $220 On site: 8 low | high Med: 69.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Blake-Jones) |
| Postal Code | M4J1L2 |
| Listing VS Median (in M4J1L2) | |
Price: $2,300,000 low | high Med: $1,000,825 sqft: 4,087 low | high Med: 2,634 $ / sqft: $563 low | high Med: $220 On site: 8 low | high Med: 69.5 | |
