588 Danforth Ave - Storefront Retail/Office FOR SALE


Toronto, ON M4K 1P7- Playter Estates-Danforth
$2,495,000 CAD
416-616-2005
588 Danforth Ave, Toronto, ON for Sale
$2,495,000 CAD
Storefront Retail/Office - FOR SALE
1/7
null | 4.16% Cap Rate

588 Danforth Ave
Toronto, ON M4K 1P7
Playter Estates-Danforth


HIGHLIGHTS

  • Property has 2 Levels with 2 separate Heated Basements with own washrooms.
  • Building includes 400-Amp Power Upgrade. All Units Have Their Own Electrical Panel.
  • Great location, just one block of major Avenue- Pape Ave.
  • Popular franchised restaurant occupying first level.

OVERVIEW

Investment Property On Danforth Ave. Great Location! Just 1 Block West Of Pape Ave. Franchise Restaurant On The Main Floor, With 5 Office Units On The 2nd Level, Newer Plumbing thru out, Flooring, Electrical, Joists, And More. 5 Washrooms Total, 2 Parking spots at the back. 2 separate Central Air Condition & Heating units for each floor, Great Future Potential With Major Development Project In the Area, Totally Renovated! 40 Ft Extension Added In 2011 On 2 Levels, 2 separate Heated Basements with own washrooms, 400-Amp Power Upgrade. All Units Have Their Own Electrical Panel.

FOR SALE DETAILS

PRICE

$2,495,000 CAD

PRICE/SF

$924 CAD /SF

CAP RATE

4.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C

APN/PARCEL ID

190408449007200

ASK ABOUT THIS PROPERTY

Will OrlandoRe/Max Realtron Realty IncMore Info
416-616-2005

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Will OrlandoRe/Max Realtron Realty IncMore Info
416-616-2005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.