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173 DANFORTH AVENUE — photo 1 of 181 / 18

173 DANFORTH AVENUE

Toronto (North Riverdale), Ontario, M4K1N2

$1,999,000

Living area

2,654 square feet

Parking

4

About this property

Premier investment property in the heart of Toronto's vibrant Danforth Avenue. This rarely available, fully leased mixed use commercial building offers stable income in one of the city's most established and highly sought after neighbourhoods. Situated on a prominent stretch of Danforth with exceptional pedestrian traffic and outstanding visibility, the property is just steps from Broadview Subway Station, minutes to the Don Valley Parkway, and offers quick access to downtown Toronto. The ground floor is occupied by a long established and well regarded bakery that has been serving the local community for well over a decade, providing a strong and dependable retail presence. The fully occupied second floor space (Law Office) has been recently renovated with new skylights, updated flooring, renovated washrooms, and an upgraded HVAC system. Rear parking adds further value and convenience for tenants. This is an outstanding opportunity for investors seeking a turnkey, income producing asset in a high demand location with excellent transit connectivity, a thriving local business community, and strong long term investment potential. (id:66779)

Details

Cooling
Partially air conditioned
Heating
Forced air, Natural gas
List aor
Toronto
Directions
Danforth & Broadview Ave
Fireplace
No
Water source
Municipal water
Structure type
Residential Commercial Mix
Tax annual amount
28,903.31
Lot size dimensions
Bldg=18.91 x 121 FT
Zoning description
Commercial

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