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2766 Danforth AVE Toronto E03, ON M4C 1L7
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Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Municipality Toronto E03
Subdivision Danforth
MLS Listing ID E12738872
Annual Tax Amount $9,063
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
Rare opportunity to make 240k annually and acquire a prime income-producing asset on Danforth Avenue offering strong, stable cash flow with redevelopment upside. This building is larger than you think with an addition at the back added years ago for additional rent making it a 3 story building. Fully occupied with quality tenants in place, this property features a ground-floor retail store with a two-bedroom apartment, two spacious legal two-bedroom apartments on the second floor, and one two-bedroom apartment on the third floor. All units are separately metered with tenants paying their own utilities, maximizing net income. Vacant possession is possible, providing flexibility for investors or future redevelopment. Steps to subway and GO Train stations. Located in a high-growth corridor surrounded by existing and planned developments along Danforth Avenue and Dawes Road. Income-producing redevelopment opportunities of this calibre are rarely offered for sale, making this an exceptional investment with immediate cash flow and long-term upside.
Location
State ON
County Toronto
Community Toronto E03
Area Toronto
Interior
Heating Yes
Cooling No
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 18.21
Lot Depth 141.47
Others
Security Features No
ParcelsYN No
Listed by VERTICAL MARKETING REALTY
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