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721 Danforth Avenue Toronto, Ontario M4J 1L2

4567 sqft
Fully Air Conditioned Forced Air

$3,500,000

Investment Opportunity, A Combination Of Stable Income, The Potential For Capital Appreciation, And Strategic Positioning In A High-traffic Location With Promising Future Developments.** Commercial Unit: Approximately 1420 sqft With A Underground of approximately 789 sqft. It's Leased To a AAA Tenant, H&R Block, Providing A Stable Income Stream. ** Residential Apartments: There Are Four Updated Apartments, Each Approximately 700 sqft, Featuring One Bedroom Plus A Den And 1.5 Baths. The Separate Dens Offer Added Flexibility And Appeal To Tenants. All Units Are Separately Metered For Gas And Electricity, Reducing Administrative Overhead. The Property Includes Heating/AC And One Surface Parking Space For The Commercial Tenant, Enhancing Tenant Satisfaction And Convenience. The Proximity To Pape Subway Station Assures Long-Term Growth Potential For The Property, Especially Considering Its Role As A Future Hub Station Connecting Major Areas. Increased Demand In The Area & Higher Appreciation Due To The Proposed Development Project Just Across The Street. Close To Toronto's Top Restaurants And Bars Enhance The Property's Attractiveness To Both Tenants And Potential Future Buyers. **** EXTRAS **** 4 Washer/Dryer, 4 Fridges, 4 Stoves, 4 Hood Fans, All Electrical Light Fixtures & Window Coverings. (id:52603)

Property Details

MLS® Number E8221132
Property Type Retail
Community Name Blake-Jones

Building

Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Interior 4567 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Irregular 16.66 X 110.42 Ft
Size Total Text 16.66 X 110.42 Ft

https://www.realtor.ca/real-estate/26732434/721-danforth-avenue-toronto-blake-jones


RE/MAX CONDOS PLUS CORPORATION
45 Harbour Square
Toronto, Ontario M5J 2G4

(416) 203-6636
(416) 203-1908
www.remaxcondosplus.com/

RE/MAX CONDOS PLUS CORPORATION
45 Harbour Square
Toronto, Ontario M5J 2G4

(416) 203-6636
(416) 203-1908
www.remaxcondosplus.com/

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