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 $380.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 28 bedrooms spread throughout 10 residential units located on the 2nd & 3rd floors and rear main floor. Most of the residential units are accessed through a separate foyer fronting on 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: 0 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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