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    For Sale - 1367 Danforth Avenue, Toronto, Ontario

    Est payment $16,317/mo
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    Views   1
    Time on Jump  36 day

    AI Summary *

    • Large mixed-use property with excellent visibility at a key urban intersection.
    • 28 bedrooms in 10 residential units spread across multiple floors.
    • Ground-floor retail space benefits from high pedestrian and vehicle traffic.
    • Versatile corner location suitable for various commercial uses, including hospitality.
    • Located in a transit area with imminent development plans for increased density.




    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 $380. 00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 28 bedrooms spread throughout 10 residential units located on the 2nd & 3rd floors and rear main floor. Most of the residential units are accessed through a separate foyer fronting on 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 IDE13846932
    Address1367 Danforth Avenue
    CityToronto, Ontario
    Price$3,398,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Hot Water

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    Listing Brokerage: BOSLEY REAL ESTATE LTD.

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    1367 Danforth Avenue
    Toronto , Ontario
    $3,398,000
    Get more info