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
Website

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

Additional Info
Parking spots
4

Rooms

Bathrooms