1367, Danforth, Greenwood-Coxwell, Toronto, Commercial
- 8978 SQFT
Description
Commercial Commercial Retail For Sale.
Situated prominently on the southwest corner of Danforth Avenue and Gillard Avenue, this mixed-use property of almost 9,000 sf is priced at under $400.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 10 residential units comprising a total of 28 bedrooms on the 2nd & 3rd floors and rear main floor accessed from 214 Gillard Ave, with ground-floor retail space along the Danforth frontage with steady pedestrian and vehicular traffic. While the property would benefit from updates, it presents a compelling value-add opportunity for investors seeking stable income with significant growth potential, or owner-operators to renovate, reposition, and customize the asset to suit their vision. The corner location offers flexibility for a variety of commercial uses including hospitality with patio potential. Located within the Greenwood Major Transit Area, the property stands to profit from ambitious intensification plans, including a proposed minimum density target nearly double the current population. 1363 - 1367 Danforth is a substantial corner property, on a major artery, and steps to a subway station offering an excellent opportunity for any Buyer.
Cross Street: S/W corner Danforth/Gillard near Greenwood
Business Name: Full Address: 1363, 1365, 1367 Danforth Ave. & 214 Gillard Ave.
Key Facts
- Days on: 34 days
- Mls Status: New
- Lot Type: Lot
- Lot Width: 46.00
- Parking Spaces: 3
- Garage Type: None
- Heat Type: Gas Hot Water
- Cooling: No
- Building Area Total: 8978 Square Feet
- Retail Area: 1713 Sq Ft
Location 1367, Danforth, Greenwood-Coxwell, Toronto
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