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$ 5,900,000
Est. payment /mo
Active
2789 & 2793 Danforth AVE Toronto E02, ON M4C 1L9
4 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto E02
Subdivision East End-Danforth
MLS Listing ID E12523100
Annual Tax Amount $43,569
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Attention Builders, Developers & Investors!Outstanding chance to secure a property on a desirable street with strong redevelopment potential. Surrounded by new builds and gentrification. Bring your creativity to maximize value - perfect for future appreciation and solid cash-flow options! Prime Multi-Business Investment Opportunity on Danforth Avenue. Incredible opportunity to own two adjoining income-generating properties - 2789 & 2793 Danforth Avenue, ideally situated in a high-traffic, high-visibility Toronto corridor. 2789 Danforth Avenue features two established tenants: a popular restaurant and a busy mechanic shop, both well-integrated into the community and providing steady rental income. 2793 Danforth Avenue, a corner lot with exceptional street exposure, is home to a well-established Auto-Electric Mechanic Shop that has served the neighbourhood for over 31 years. The property also includes a newly renovated second-floor office space, offering additional rental potential or flexible owner use. Together, these properties deliver three strong income streams, long-term tenants, and immediate cash flow, all in a location poised for continued growth and redevelopment. Whether you're expanding your portfolio or seeking a solid investment with stable returns, this is a rare opportunity to own two multi-use commercial buildings in one of Toronto's most vibrant corridors.
Location
Province ON
County Toronto
Community Toronto E02
Area Toronto
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 57.2
Lot Depth 110.0
Others
Security Features No
ParcelsYN No
Listed by RE/MAX METROPOLIS REALTY