783 DANFORTH AVENUE
Toronto (Blake-Jones), Ontario
MLS® E13886782
$2,300,000
- Status
- Active
- Property type
- Retail
- MLS® number
- E13886782
- Bedrooms
- —
- Bathrooms
- 7
- Year built
- —
1 / 46Listing description
Exceptional 6. 3 CAP turn-key mixed-use investment opportunity in the heart of Toronto's vibrant Danforth corridor! 783 Danforth Avenue offers an impressive combination of commercial and residential income with six distinct income-producing components.
The property features an established long term main-floor restaurant, lower-level retail space and four spacious two-bedroom apartments across the upper two levels. Three of the four apartments have been renovated, providing attractive, updated living spaces with strong rental appeal. All units are separately hydro metered, helping reduce landlord expenses and simplify management.
Ideally positioned on a high-visibility stretch of Danforth Avenue with strong pedestrian and vehicular traffic, the property benefits from excellent transit access and is surrounded by established restaurants, shops, services and neighbourhood amenities. An outstanding opportunity for investors seeking diversified income from both commercial and residential tenancies, with the added potential to further enhance revenue and long-term value. A compelling addition to any real estate portfolio in one of Toronto's most established mixed-use corridors.
Property summary
- MLS® number
- E13886782
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Size
- 4,087 sq ft
- Land size
- 19.69 x 117.41 FT
- Annual property taxes
- $16,854.00
- Days on market
- 27 days
Features & details
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Partially air conditioned
- Appliances
- Washer, Dryer, Hood Fan
What would this home cost you?
Based on the $2,300,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of INTERNATIONAL REALTY FIRM, INC., 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.