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721 Danforth Avenue, Toronto, ON M4J 1L2

Toronto E01, ON, M4J 1L2 · Blake-Jones

Sq Ft
Store W Apt/Office Type
E13474978 MLS#

About this property

We Are Excited To Present This Exceptional Investment Opportunity, Featuring A Commercial Unit Of Approximately 1,420 Sqft, Complemented By An Underground Space Of About 789 Sqft, Currently Leased To A AAA Tenant, Ensuring A Stable Income Stream. Additionally, There Are Four Newer Residential Apartments, Each Around 700 Sqft, Boasting One Bedroom Plus A Den And 1.5 Baths, With The Separate Dens Providing Added Flexibility And Appeal, Which Enhances Tenant Desirability. All Units Are Separately Metered For Gas And Electricity, Significantly Reducing Administrative Costs. The Property Includes Heating And AC, Along With One Surface Parking Space Dedicated To The Commercial Tenant, Ensuring Convenience And Satisfaction. Its Prime Location Near Pape Subway Station Positions The Property For Long-Term Growth, Particularly With Its Future Hub Status Connecting Major Areas. The Increased Demand In The Region, Coupled With The Proposed Development Project Across The Street, Further Enhances Appreciation Potential. Lastly, Close Proximity To Toronto's Finest Restaurants And Bars Adds To The Property's Appeal, Making It Attractive To Both Current Tenants And Prospective Buyers. This Opportunity Combines Solid Investment Fundamentals With The Promise Of Future Growth, So Dont Miss Your Chance To Capitalize On This Prime Asset In A Thriving Area!

Features & Amenities

  • Garage: Lane
  • Cooling: Yes
  • Heat Type: Electric Forced Air

Property Details

Property Type Commercial
Property Sub-Type Store W Apt/Office
Garage Lane
Heat Type Electric Forced Air
Cooling Yes
Annual Tax $18,760
Tax Year 2025

Building & Construction

Building Area Total
4567

Heating & Cooling

Heat Type
Electric Forced Air
Cooling
Yes

Parking & Garage

Garage Type
Lane

Lot & Land

Lot Size Units
Feet
Lot Depth
110.42
Lot Width
16.66

Financial & Tax

Tax Annual Amount
$18,760
Tax Year
2025
Possession Type
60-89 days

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Danforth/Pape
Directions
Danforth & Pape
Showing Requirements
List Brokerage, List Salesperson

Location

721 Danforth Avenue, Toronto, ON M4J 1L2, Toronto E01, ON, M4J 1L2

Listing courtesy of RE/MAX CONDOS PLUS CORPORATION
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