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Renanza Realty
For sale

721 DANFORTH AVENUE

Toronto (Blake-Jones), Ontario

MLS® E13474978

$1,999,900

Status
Active
Property type
Retail
MLS® number
E13474978
Bedrooms
Bathrooms
Year built

Listing description

We Are Excited To Present This Exceptional Investment Opportunity, Featuring A Commercial Unit Of Approximately 1,420 Sqft, Complemented By An Underground Space Of About 789 Sqft, Currently Leased To A AAA Tenant, Ensuring A Stable Income Stream. Additionally, There Are Four Newer Residential Apartments, Each Around 700 Sqft, Boasting One Bedroom Plus A Den And 1. 5 Baths, With The Separate Dens Providing Added Flexibility And Appeal, Which Enhances Tenant Desirability.

All Units Are Separately Metered For Gas And Electricity, Significantly Reducing Administrative Costs. The Property Includes Heating And AC, Along With One Surface Parking Space Dedicated To The Commercial Tenant, Ensuring Convenience And Satisfaction. Its Prime Location Near Pape Subway Station Positions The Property For Long-Term Growth, Particularly With Its Future Hub Status Connecting Major Areas.

The Increased Demand In The Region, Coupled With The Proposed Development Project Across The Street, Further Enhances Appreciation Potential. Lastly, Close Proximity To Toronto's Finest Restaurants And Bars Adds To The Property's Appeal, Making It Attractive To Both Current Tenants And Prospective Buyers. This Opportunity Combines Solid Investment Fundamentals With The Promise Of Future Growth, So Dont Miss Your Chance To Capitalize On This Prime Asset In A Thriving Area!

Property summary

MLS® number
E13474978
Property type
Retail
Building type
Residential Commercial Mix
Square footage
4,567 sq ft
Land size
16.66 x 110.42 FT
Annual property taxes
$18,760.00
Days on market
71 days

Features & details

Heating
Forced air
Cooling
Fully air conditioned
Appliances
Washer, Dryer, Hood Fan, Window Coverings

What would this home cost you?

Based on the $1,999,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,305 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX CONDOS PLUS CORPORATION, TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.