Exceptional 6.3 CAP turn-key mixed-use investment opportunity in the heart of Toronto's vibrant Danforth corridor! 783 Danforth Avenue offers an impressive combination of commercial and residential income with six distinct income-producing components.The property features an established long term main-floor restaurant, lower-level retail space and four spacious two-bedroom apartments across the upper two levels. Three of the four apartments have been renovated, providing attractive, updated living spaces with strong rental appeal. All units are separately hydro metered, helping reduce landlord expenses and simplify management.Ideally positioned on a high-visibility stretch of Danforth Avenue with strong pedestrian and vehicular traffic, the property benefits from excellent transit access and is surrounded by established restaurants, shops, services and neighbourhood amenities.An outstanding opportunity for investors seeking diversified income from both commercial and residential tenancies, with the added potential to further enhance revenue and long-term value. A compelling addition to any real estate portfolio in one of Toronto's most established mixed-use corridors. (id:49269)
| MLS® Number | E13886782 |
| Property Type | Retail |
| Community Name | Blake-Jones |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 7 |
| Appliances | Dryer, Hood Fan, Washer |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 4,087 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 117 Ft ,4 In |
| Size Frontage | 19 Ft ,8 In |
| Size Irregular | 19.69 X 117.41 Ft |
| Size Total Text | 19.69 X 117.41 Ft |
| Zoning Description | Cr3(c2.5;r2.5)ss(x2426) |
https://www.realtor.ca/real-estate/30392452/783-danforth-avenue-toronto-blake-jones-blake-jones
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