$1,999,900
( $437.90Per Sq Foot )
 $10,736 est/mo Sourced by Back At You

721 Danforth Avenue,Toronto E01, ON M4J 1L2

Toronto E01, ON M4J 1L2

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Description

We Are Excited To Present This Exceptional Investment Opportunity, Featuring A Commercial Unit Of Approximately 1,420 Sqft, Complemented By An Underground Space Of About 789 Sqft, Currently Leased To A AAA Tenant, Ensuring A Stable Income Stream. Additionally, There Are Four Newer Residential Apartments, Each Around 700 Sqft, Boasting One Bedroom Plus A Den And 1.5 Baths, With The Separate Dens Providing Added Flexibility And Appeal, Which Enhances Tenant Desirability. All Units Are Separately Metered For Gas And Electricity, Significantly Reducing Administrative Costs. The Property Includes Heating And AC, Along With One Surface Parking Space Dedicated To The Commercial Tenant, Ensuring Convenience And Satisfaction. Its Prime Location Near Pape Subway Station Positions The Property For Long-Term Growth, Particularly With Its Future Hub Status Connecting Major Areas. The Increased Demand In The Region, Coupled With The Proposed Development Project Across The Street, Further Enhances Appreciation Potential. Lastly, Close Proximity To Toronto's Finest Restaurants And Bars Adds To The Property's Appeal, Making It Attractive To Both Current Tenants And Prospective Buyers. This Opportunity Combines Solid Investment Fundamentals With The Promise Of Future Growth, So Dont Miss Your Chance To Capitalize On This Prime Asset In A Thriving Area!

Details

MLS #E13474978
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Year0
Days On Site69
Listing Provided ByRE/MAX CONDOS PLUS CORPORATION | E13474978 592600

Features

SQ Feet4,567
Acreage0.10

Interior

CoolingYes

Exterior

Security FeaturesNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount18760
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
RegionToronto
CityToronto E01
Postal CodeM4J 1L2
AreaBlake Jones
Listing VS Median (in M4J 1L2)
Price:
$1,999,900
low | high
Med:
$1,759,000
62.045602280114% of Average
sqft:
4,567
low | high
Med:
1,793
100% of Average
$ / sqft:
$438
low | high
Med:
$981
74.03108443208% of Average
On site:
69
low | high
Med:
16
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionToronto
CityToronto E01
Postal CodeM4J 1L2
AreaBlake Jones
Listing VS Median (in M4J 1L2)
Price:
$1,999,900
low | high
Med:
$1,759,000
62.045602280114% of Average
sqft:
4,567
low | high
Med:
1,793
100% of Average
$ / sqft:
$438
low | high
Med:
$981
74.03108443208% of Average
On site:
69
low | high
Med:
16
100% of Average
Sourced by Back At You
Listing Updated: August 29, 2026 at 1:24:31 PM PDT