1338 Danforth Ave

LocationDanforth, M4J 1M9
$1.65M For Sale
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Description

ATTENTION INVESTORS, BUILDERS & OWNER-USERS! Exceptional mixed-use investment opportunity on vibrant Danforth Ave between Greenwood and Coxwell, steps to Greenwood TTC subway, shops, restaurants and everyday amenities. Enjoy commercial rental income from the tenant-occupied main floor and basement, with additional income potential from the spacious second-floor residence. Separate commercial and residential entrances provide flexibility for investors, business operators and multi-generational living. The approx. 1464 sq. ft. 1st floor + 1270 sq. ft. of basement is configured for retail/office use, featuring a 3-piece washroom, shelving and desks. A large basement offers additional usable space, a basic kitchen and washroom rough-in. The approx. 914sq. ft. upper apartment offers 3 bedrooms, a family room, dining area, full kitchen and renovated 3-piece bathroom. Bamboo flooring, LG stove, Whirlpool refrigerator and washer/dryer hookups in the third-bedroom closet add everyday convenience. Lease the entire 3-bedroomapartment or explore individual room-rental possibilities, subject to applicable requirements. Notable improvements include an upgraded electrical panel (approx. 5 years ago), roof (approx.5 years ago), deck (approx. 3 years ago), windows, doors and skylight (approx. 2 years ago),basement drain piping replaced with PVC in 2026. Enjoy an outdoor deck, rear laneway access, aprivate garage parking space and an owned hot water tank. BUILDERS & DEVELOPERS: Envision abrand-new mixed-use residential building with street-level retail in a sought-after urbancorridor, subject to required approvals. Great visibility and convenient front and rear accessin the heart of Danforth Village with strong neighbourhood appeal. A compelling opportunity tocollect rental income, establish a business below your residence or pursue a new developmentvision along one of Toronto's established east-end commercial streets.

Features

  • Business Type
    Category: Retail Store Related
  • Commercial Total Area
    Total Area: 2,583 sqft
  • Commercial Office Area
    Office Area: 1,119 sqft
  • Commercial Retail Area
    Retail Area: 1,464 sqft
  • Commercial Parking Types
    Parking Types: Covered

Details

  • Commercial Zoning
    Zoning: Commercial/Residential
  • Tax Amount
    Tax: $ 15,981
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    E14176626
  • Listing contracted with: KELLER WILLIAMS REFERRED URBAN REALTY

Transit Accessibility

Greenwood Subway Station (0.1km)
Danforth Go Train Station (2.4km)

Location



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