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    For Sale - 2766 Danforth Avenue, Toronto, Ontario

    Est payment $13,445/mo
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    Views   1
    Time on Jump  63 day

    AI Summary *

    • Rare chance to own a prime income-producing property on Danforth Avenue.
    • Fully occupied with quality tenants, ensuring strong cash flow.
    • Three stories with multiple two-bedroom apartments for diverse rental income.
    • Separate metering means tenants cover their own utilities, boosting net income.
    • Situated near subway and GO Train stations, enhancing tenant appeal.




    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.
    Listing IDE12738872
    Address2766 Danforth Avenue
    CityToronto, Ontario
    Price$2,799,900
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Public Transit, SubwaysBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary

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    Listing Agency:  VERTICAL MARKETING REALTY

    * 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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    2766 Danforth Avenue
    Toronto , Ontario
    $2,799,900
    Get more info