173 Danforth Avenue Toronto, Ontario M4K 1N2

2,654 sqft
Partially Air Conditioned Forced Air

$1,999,000

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:21328)

Property Details

MLS® Number E13596554
Property Type Retail
Community Name North Riverdale
Parking Space Total 4

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 2654 Sqft
Size Interior 2,654 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Depth 121 Ft
Size Frontage 18 Ft ,10 In
Size Irregular Bldg=18.91 X 121 Ft
Size Total Text Bldg=18.91 X 121 Ft
Zoning Description Commercial

https://www.realtor.ca/real-estate/30069442/173-danforth-avenue-toronto-north-riverdale-north-riverdale

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