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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)
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.®

Nearby Major Retailers

Scotiabank
Coffee Time
Starbucks
Tim Hortons
F45 Training, Inc.
Foodland
GoodLife Fitness
Royal Bank of Canada
Crossfit
CIBC
  • Listing ID: 31258964

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 940 Danforth Ave, Toronto, ON M4J 1L9

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