1367 Danforth Avenue,Toronto E01, ON M4J 1N1
Toronto E01, ON M4J 1N1
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 $380.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 28 bedrooms spread throughout 10 residential units located on the 2nd & 3rd floors and rear main floor. Most of the residential units are accessed through a separate foyer fronting on 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.
Details
| MLS # | E13846932 |
|---|---|
| Listing Type | For Sale |
| Building Name | Full Address: 1363, 1365, 1367 Danforth Ave. & 214 Gillard Ave. |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 34 |
| Listing Provided By | BOSLEY REAL ESTATE LTD. | E13846932 063502 |
Features
| SQ Feet | 8,978 |
|---|---|
| Acreage | 0.21 |
Interior
| Cooling | No |
|---|
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 28924 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E01 |
| Postal Code | M4J 1N1 |
| Area | Greenwood Coxwell |
| Listing VS Median (in M4J 1N1) | |
Price: $3,398,000 low | high Med: $2,523,000 sqft: 8,978 low | high Med: 5,277 $ / sqft: $378 low | high Med: $712 On site: 34 low | high Med: 95.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E01 |
| Postal Code | M4J 1N1 |
| Area | Greenwood Coxwell |
| Listing VS Median (in M4J 1N1) | |
Price: $3,398,000 low | high Med: $2,523,000 sqft: 8,978 low | high Med: 5,277 $ / sqft: $378 low | high Med: $712 On site: 34 low | high Med: 95.5 | |
