783 Danforth Avenue Toronto, Ontario M4J 1L2

7 Bathroom 4,087 sqft
Partially Air Conditioned Hot Water Radiator Heat

$2,300,000

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. (id:56248)

Property Details

MLS® Number E13886782
Property Type Retail
Neigbourhood Blake-Jones
Community Name Blake-Jones
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Bathroom Total 7
Appliances Dryer, Hood Fan, Washer
Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Interior 4,087 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Depth 117 Ft ,4 In
Size Frontage 19 Ft ,8 In
Size Irregular 19.69 X 117.41 Ft
Size Total Text 19.69 X 117.41 Ft
Zoning Description Cr3(c2.5;r2.5)ss(x2426)

https://www.realtor.ca/real-estate/30392452/783-danforth-avenue-toronto-blake-jones-blake-jones

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