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3224 Danforth Ave

2,240 SF 100% Leased Retail Building Toronto, ON M1C 1C1 $1,783,395 USD ($796 USD/SF) 5.62% Cap Rate

Mixed Use Properties Ontario Toronto 3224 Danforth Ave, Toronto, ON M1C 1C1

Executive Summary

Opportunity to own a beautifully renovated and high performing investment property with upside potential. The property consists of five (5) residential and one (1) commercial storefront. This property is conveniently located and just a short walk to Victoria Park Station. NOI (2024) is$140,806.07. The property is being offered to the market at a 5.6% cap rate. All details to be verified by buyer and buyer's agent.

Attachments

Feature Sheet - 3224 Danforth

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,240 SF
Building Class
C
Year Built/Renovated
1925/2019
Price
$1,783,395 USD
Price Per SF
$796 USD
Cap Rate
5.62%
NOI
$100,231 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.11
Land Acres
0.05 AC
Zoning
CR
Parking
1 Space (0.47 Spaces per 1,000 SF Leased)
Frontage
20 FT on Danforth Ave
1 of 1
Walk Score ®
Very Walkable (89)
Transit Score ®
Excellent Transit (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

TD Canada Trust
Swiss Chalet
Tim Hortons
CIBC
FRESH CO.
Starbucks
Loblaw
Mr. Sub
LA Fitness
Metro
(647) 921-3829

  • Listing ID: 31749800

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 3224 Danforth Ave, Toronto, ON M1C 1C1

The Retail Property at 3224 Danforth Ave, Toronto, ON M1C 1C1 is currently available For Sale. Contact Kaizen Capital Realty Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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3224 Danforth Ave
(647) 921-3829 x

3224 Danforth Ave

Philip Garratt

(647) 921-3829

(647) 921-3829

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