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$ 5,900,000
Est. payment /mo
New
2789 & 2793 Danforth AVE Toronto, ON M4C 1L9
4 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
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
State ON
County Toronto
Community East End-Danforth
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