1311, Pape, Danforth Village-East York, Toronto, Commercial

MLS® Number E13181652
For Sale   $ 4,688,888
  • 1 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Investment For Sale.

Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets.

Community Features: Public Transit, Major Highway

Cross Street: Pape & O'connor

Key Facts

  • Days on: 33 days
  • Mls Status: New
  • Board Property Type: Com
  • Lot Type: Building
  • Lot Width: 107.00
  • Parking Spaces: 12
  • Garage Type: None
  • Heat Type: Water Radiators
  • Cooling: No

Location 1311, Pape, Danforth Village-East York, Toronto

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Kate Naccarato
Sales Representative 416-779-6085