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    For Sale - 1367 Danforth Avenue, Toronto, Ontario

    Est payment $16,797/mo
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    Views   4
    Time on Jump  76 day

    AI Summary *

    • Mixed-use property with exceptional visibility on a busy corner.
    • Features 10 residential units with 28 bedrooms for stable income.
    • Ground-floor retail space attracts steady pedestrian and vehicle traffic.
    • Corner location offers potential for various commercial uses.
    • Situated near transit area with ambitious future development plans.




    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.
    Listing IDE13535786
    Address1367 Danforth Avenue
    CityToronto, Ontario
    Price$3,498,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Hot Water

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    Listing Agency:  BOSLEY REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1367 Danforth Avenue
    Toronto , Ontario
    $3,498,000
    Get more info