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1338 Danforth Avenue Toronto (Danforth), Ontario M4J 1M9

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

MLS® Number E14176626
Property Type Retail
Community Name Danforth

Building

Appliances Water Heater, Whirlpool
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
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

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