$5,900,000
Available - For Sale
Listing ID: E12523100
2789 & Danforth Avenue , Toronto, M4C 1L9, Toronto
| Attention Builders, Developers & Investors!Outstanding chance to secure a property on a desirable street with strong redevelopment potential. Surrounded by new builds and gentrification. Bring your creativity to maximize value - perfect for future appreciation and solid cash-flow options! Prime Multi-Business Investment Opportunity on Danforth Avenue. Incredible opportunity to own two adjoining income-generating properties - 2789 & 2793 Danforth Avenue, ideally situated in a high-traffic, high-visibility Toronto corridor. 2789 Danforth Avenue features two established tenants: a popular restaurant and a busy mechanic shop, both well-integrated into the community and providing steady rental income. 2793 Danforth Avenue, a corner lot with exceptional street exposure, is home to a well-established Auto-Electric Mechanic Shop that has served the neighbourhood for over 31 years. The property also includes a newly renovated second-floor office space, offering additional rental potential or flexible owner use. Together, these properties deliver three strong income streams, long-term tenants, and immediate cash flow, all in a location poised for continued growth and redevelopment. Whether you're expanding your portfolio or seeking a solid investment with stable returns, this is a rare opportunity to own two multi-use commercial buildings in one of Toronto's most vibrant corridors. |
| Price | $5,900,000 |
| Taxes: | $43569.99 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 2789 & Danforth Avenue , Toronto, M4C 1L9, Toronto |
| Postal Code: | M4C 1L9 |
| Province/State: | Toronto |
| Legal Description: | * LOT 17 AND EASTERLY 4'5" OF LOT 18, PL |
| Directions/Cross Streets: | DANFORTH AVE / DAWES RD |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 6292.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 4 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto E02 |
| Neighbourhood: | East End-Danforth |
| Tax: | $43,569.99 |
| Baths: | 4 |
| Fireplace: | N |
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