173 Danforth Avenue, Toronto, ON M4K 1N2

Riverdale Ontario Line

173 Danforth Avenue, Toronto, ON M4K 1N2

$2M

Active
Beds
Baths
Sq Ft
TypeStore W Apt/Office
Days on market
StatusActive

About this home

Premier investment property in the heart of Toronto's vibrant Danforth Avenue. This rarely available, fully leased mixed use commercial building offers stable income in one of the city's most established and highly sought after neighbourhoods. Situated on a prominent stretch of Danforth with exceptional pedestrian traffic and outstanding visibility, the property is just steps from Broadview Subway Station, minutes to the Don Valley Parkway, and offers quick access to downtown Toronto. The ground floor is occupied by a long established and well regarded bakery that has been serving the local community for well over a decade, providing a strong and dependable retail presence. The fully occupied second floor space (Law Office) has been recently renovated with new skylights, updated flooring, renovated washrooms, and an upgraded HVAC system. Rear parking adds further value and convenience for tenants. This is an outstanding opportunity for investors seeking a turnkey, income producing asset in a high demand location with excellent transit connectivity, a thriving local business community, and strong long term investment potential.

Location

How Riverdale is trading

$1.76MMedian sale
7.0Median days on market
115%Sale-to-list
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Listing courtesy of HARVEY KALLES REAL ESTATE LTD.

Information is deemed reliable but not guaranteed accurate by PropTx. Listing data © the Toronto Regional Real Estate Board (TRREB).

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