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$3,389,000
588 Danforth Ave, Toronto E03, ON M4K 1R1
0 Beds
5 Baths
2,706 sqft

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Fully Tenanted Income Property On The Danforth Just Two Blocks West Of Pape Avenue, In The Heart Of Greektown On The Sunny North Side Of The Street. Very Successful Restaurant Business On The Main Floor, With 5 Small Office Spaces On The 2nd Level, Each With Their Own Access Points. Net Operating Income Over 100K In This All-Commercial Tenanted Building. Roof 2014, With All New Plumbing, Electrical, Joists, And More. Please Do Not Speak To Restaurant.
  • Price:
  • $3,389,000
  • Full Baths:
  • 5
  • Square Footage:
  • 2,706
  • Listing ID #:
  • E5418996
  • Street Address:
  • 588 Danforth Ave
  • City:
  • Toronto E03
  • Province:
  • Ontario
  • Postal Code:
  • M4K 1R1
  • Community:
  • Toronto
  • Subarea:
  • Playter Estates-Danforth
  • Listing Status:
  • A
  • Listing Type:
  • Commercial/Retail--Commercial
  • Approximate Square Footage Range:
  • 2706.00
  • Basement Description:
  • Yes
  • Extra Remarks:
  • All 6 Commercial Tenants Contribute To The Income. Addition Rents Cover The Municipal Taxes, Maintenance, And Insurance. 400-Amp Power Upgrade. All Commercial Units Have Their Own Electrical Panel. 5 Washrooms Total, With 2 Parking Spaces.
  • Conforms To Zoning:
  • C R 3 ( C 2 . 5 ; R 2 . 5 * 2 4 2 6 )
  • Lot Size Front:
  • 16.00
  • Lot Size Side:
  • 120.00
  • For Sale Or Lease?:
  • Sale
  • Property Taxes:
  • $3,550
  • Tax Year:
  • 2020
  • Parking Spaces:
  • 2
  • Cooling System:
  • Yes
  • Existing Water:
  • Municipal
  • Heating:
  • Gas Forced Air Closd
  • Sewage Type:
  • San+storm
  • Listing Provided By RE/MAX Ultimate Realty Inc.
  • TREB

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