2820 Danforth Ave, Toronto

2820 Danforth Ave - FOR SALE

Great investment opportunity on the north side of Danforth Ave for a 3-storey commercial/residential building! 17 self-contained bachelor apartments on the 2nd and 3rd storey with Retail space on the main floor + full basement. 4 car parking in the rear. Great location and return with approximately 6.64% cap rate! Large additional open space on 3rd storey for added income/use. Includes 17 fridges, 14 stoves + 3 cooktops, 4 car parking in the rear. 3 separate entrances to the basement and common stairwell throughout the building with interior access to the retail space from stairwell. Financials available upon request. *owner in the process of converting residential apartments to commercial offices* Contact L/A for details.


Listing Info
Status
Active
Type
For sale
Date listed
Sep 01, 2016
Price
2479000
Last updated
Sep 01, 2016
Website

General Info
Property type
Commercial
Bedrooms
17
Lot size
29.56 *144 Feet

Additional Info
Parking spots
4

Rooms

Bathrooms