2666 Danforth Ave - Storefront Retail/Residential FOR SALE


Toronto, ON M4C 1L7
$1,599,000 CAD
416-400-1027
2666 Danforth Ave, Toronto, ON for Sale
$1,599,000 CAD
Storefront Retail/Residential - FOR SALE
1/4
null | 5.01% Cap Rate

2666 Danforth Ave
Toronto, ON M4C 1L7


HIGHLIGHTS

  • Conveniently situated directly along Danforth Avenue, this property offers easy access to transit options.
  • Close proximity to Main Street TTC Subway Station shopping and entertainment amenities.
  • Minutes from the Danforth GO Station with 15 minutes travel time to Union Station.
  • Retail needs of the local community are well serviced by local business and national tenants such as Canadian Tire, Hakim Optical, Tim Hortons.
  • The strong mix of national and local tenants along with limited turnover of retail storefronts exemplify the quality of the Danforth Village.
  • Unlock the potential for increased revenue through additional residential development on the property.

OVERVIEW

Kaizen Capital Realty Partners is pleased to present 2666 Danforth Avenue.The 2,228 square feet of land and ideally situated at the intersection of Main Street and Danforth Avenue in the vibrant heart of the Danforth Village. This property offers an excellent opportunity for investors or owner-users to enhance its value in a rapidly developing neighborhood with numerous ongoing projects. Conveniently situated directly along Danforth Avenue, this property offers easy access to transit options. Close proximity to Main Street TTC Subway Station shopping and entertainment amenities. Minutes from the Danforth GO Station with 15 minutes travel time to Union Station. Retail needs of the local community are well serviced by local business and national tenants such as Canadian Tire, Hakim Optical, Tim Hortons & Subway. The strong mix of national and local tenants along with limited turnover of retail storefronts exemplify the quality of the Danforth Village as a retail node. Unlock the potential for increased revenue through additional residential development on the property. The neighborhood is undergoing a significant transformation due to major condominium developments. This influx of modern housing options is driving substantial gentrification, attracting new residents and businesses, and reshaping the community's character and economic landscape.

FOR SALE DETAILS

PRICE

$1,599,000 CAD

PRICE/SF

$587 CAD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,313 SF

ZONING

CR3(c2;r2.5*2219)

APN/PARCEL ID

190409638006700

ASK ABOUT THIS PROPERTY

Nicholas KingKaizen Capital Realty PartnersMore Info
416-400-1027

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Nicholas KingKaizen Capital Realty PartnersMore Info
416-400-1027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.