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$5,900,000
Available - For Sale
Listing ID: E12523100
Attention Builders, Developers & Investors!Outstanding chance to secure a property on a desirable street with strong redevelopment potential. Surrounded by new builds and gentrification. Bring your creativity to maximize value - perfect for future appreciation and solid cash-flow options! Prime Multi-Business Investment Opportunity on Danforth Avenue. Incredible opportunity to own two adjoining income-generating properties - 2789 & 2793 Danforth Avenue, ideally situated in a high-traffic, high-visibility Toronto corridor. 2789 Danforth Avenue features two established tenants: a popular restaurant and a busy mechanic shop, both well-integrated into the community and providing steady rental income. 2793 Danforth Avenue, a corner lot with exceptional street exposure, is home to a well-established Auto-Electric Mechanic Shop that has served the neighbourhood for over 31 years. The property also includes a newly renovated second-floor office space, offering additional rental potential or flexible owner use. Together, these properties deliver three strong income streams, long-term tenants, and immediate cash flow, all in a location poised for continued growth and redevelopment. Whether you're expanding your portfolio or seeking a solid investment with stable returns, this is a rare opportunity to own two multi-use commercial buildings in one of Toronto's most vibrant corridors.
Price $5,900,000
Taxes: $43,569.99
Tax Type: Annual
Occupancy by: Owner+T
Address: 2789 & Danforth Avenue , Toronto, M4C 1L9, Toronto
Postal Code: M4C 1L9
Province/State: Toronto
Legal Description: * LOT 17 AND EASTERLY 4'5" OF LOT 18, PL
Directions/Cross Streets: DANFORTH AVE / DAWES RD
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 6,292
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Electric Forced Air
Central Air Conditioning: No
Sewers: Sanitary+Storm
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RE/MAX METROPOLIS REALTY

2789 & Danforth Avenue , Toronto, M4C 1L9, Toronto

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E02
Neighbourhood: East End-Danforth
Style:
Lot Size: x 110.00(Feet)
Approximate Age:
Tax: $43,569.99
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908