940 Danforth Ave
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940 Danforth Ave
6,783 SF 100% Leased Retail Building Toronto, ON M4J 1L9 $2,996,589 USD ($442 USD/SF)
Investment Highlights
- Prime Neighbourhood
- Green spaces nearby
- Access to Transit
Executive Summary
This property presents an opportunity to capitalize on a prime location with ~38 ft frontage on Danforth Ave within the Donlands MTSA. The combination of four 1-bedroom residential units on separate meters and the ground-level restaurant space offers both an income diversity and the future potential in one of Toronto's sought-after neighbourhoods.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,783 SF
Building Class
C
Year Built
1922
Price
$2,996,589 USD
Price Per SF
$442 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.75
Land Acres
0.09 AC
Zoning
CR 3.0 (c2.5; r2.5)
Frontage
64 FT on Danforth Ave
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (83)
Bike Score ®
Very Bikeable (83)
Nearby Major Retailers
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940 Danforth Ave
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