721 Danforth Avenue, Toronto, Ontario M4J 1L2

Listed for:
$3,500,000
0 beds
0 baths
Listed 38 days ago
Residential Commercial Mix for rent: 721 Danforth Avenue, Toronto, Ontario M4J 1L2

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Learn more about this property
Listing provided by:
RE/MAX CONDOS PLUS CORPORATION
MLS® number:
E8221132
Agent:
Mehrdad Limoochi Traji
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About

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:27476)

Property Highlights

Type
Residential Commercial Mix
Cooling type
Fully air conditioned
Heating fuel
Electric
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Street Spotlight - For sale