2583 sqft
Fully Air Conditioned
Forced Air
$1,650,000
ATTENTION INVESTORS, BUILDERS & OWNER-USERS! Exceptional mixed-use investment opportunity on vibrant Danforth Ave between Greenwood and Coxwell, steps to Greenwood TTC subway, shops, restaurants and everyday amenities. Enjoy commercial rental income from the tenant-occupied main floor and basement, with additional income potential from the spacious second-floor residence. Separate commercial and residential entrances provide flexibility for investors, business operators and multi-generational living. The approx. 1464 sq. ft. 1st floor + 1270 sq. ft. of basement is configured for retail/office use, featuring a 3-piece washroom, shelving and desks. A large basement offers additional usable space, a basic kitchen and washroom rough-in. The approx. 914sq. ft. upper apartment offers 3 bedrooms, a family room, dining area, full kitchen and renovated 3-piece bathroom. Bamboo flooring, LG stove, Whirlpool refrigerator and washer/dryer hookups in the third-bedroom closet add everyday convenience. Lease the entire 3-bedroomapartment or explore individual room-rental possibilities, subject to applicable requirements. Notable improvements include an upgraded electrical panel (approx. 5 years ago), roof (approx.5 years ago), deck (approx. 3 years ago), windows, doors and skylight (approx. 2 years ago),basement drain piping replaced with PVC in 2026. Enjoy an outdoor deck, rear laneway access, aprivate garage parking space and an owned hot water tank. BUILDERS & DEVELOPERS: Envision abrand-new mixed-use residential building with street-level retail in a sought-after urbancorridor, subject to required approvals. Great visibility and convenient front and rear accessin the heart of Danforth Village with strong neighbourhood appeal. A compelling opportunity tocollect rental income, establish a business below your residence or pursue a new developmentvision along one of Toronto's established east-end commercial streets. (id:45725)
Business
|
Business Type
|
Retail and Wholesale |
|
Business Sub Type
|
Retail misc. |
Property Details
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MLS® Number
|
E14176626 |
|
Property Type
|
Retail |
|
Community Name
|
Danforth |
Building
|
Appliances
|
Water Heater, Whirlpool |
|
Cooling Type
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Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
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Size Interior
|
2583 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
110 Ft |
|
Size Frontage
|
18 Ft |
|
Size Irregular
|
18.08 X 110 Ft ; 16.7 Ft X 110.16 Ft X 16.52 Ft X 110.16 |
|
Size Total Text
|
18.08 X 110 Ft ; 16.7 Ft X 110.16 Ft X 16.52 Ft X 110.16 |
|
Zoning Description
|
Cr 3.0 |
https://www.realtor.ca/real-estate/30508964/1338-danforth-avenue-toronto-danforth-danforth