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$ 3,498,000
Est. payment | /mo
$ 3,498,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto E01
Subdivision Greenwood-Coxwell
MLS Listing ID E13535786
Annual Tax Amount $28,924
Tax Year 2025
Property Sub-Type Commercial Retail
Lot Depth 100.0
Lot Front 46.0
Property Description
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 $400.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 10 residential units comprising a total of 28 bedrooms on the 2nd & 3rd floors and rear main floor accessed from 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.
Location
Province ON
County Toronto
Community Toronto E01
Area Toronto
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 46.0
Lot Depth 100.0
Others
Security Features No
ParcelsYN No
Listed by BOSLEY REAL ESTATE LTD.
NEARBY SCHOOL & BUSINESS
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