8,978 ft2
None
Hot Water Radiator Heat
$3,498,000
Situated prominently on the southwest corner of Danforth Avenue and Gillard Avenue, this mixed-use property of almost 9,000 sf is priced at under $400.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 10 residential units comprising a total of 28 bedrooms on the 2nd & 3rd floors and rear main floor accessed from 214 Gillard Ave, with ground-floor retail space along the Danforth frontage with steady pedestrian and vehicular traffic. While the property would benefit from updates, it presents a compelling value-add opportunity for investors seeking stable income with significant growth potential, or owner-operators to renovate, reposition, and customize the asset to suit their vision. The corner location offers flexibility for a variety of commercial uses including hospitality with patio potential. Located within the Greenwood Major Transit Area, the property stands to profit from ambitious intensification plans, including a proposed minimum density target nearly double the current population. 1363 - 1367 Danforth is a substantial corner property, on a major artery, and steps to a subway station offering an excellent opportunity for any Buyer. (id:50976)
Business
|
Name
|
Full Address: 1363, 1365, 1367 Danforth Ave. & 214 Gillard Ave. |
Property Details
|
MLS® Number
|
E13535786 |
|
Property Type
|
Retail |
|
Community Name
|
Greenwood-Coxwell |
|
Parking Space Total
|
3 |
Building
|
Cooling Type
|
None |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Hot Water Radiator Heat |
|
Size Interior
|
8,978 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
46 Ft |
|
Size Irregular
|
46 X 100 Ft |
|
Size Total Text
|
46 X 100 Ft |
|
Zoning Description
|
Lt 122, 121 Pl 463e; Pt Lt 120 Pl 463e Toronto |
https://www.realtor.ca/real-estate/30003324/1367-danforth-avenue-toronto-greenwood-coxwell-greenwood-coxwell
