1338 Danforth Avenue Toronto, Ontario M4J 1M9

$1,650,000

ATTENTION INVESTORS, BUILDERS & OWNER-USERS! Exceptional mixed-use investment opportunity on vibrant Danforth Ave between Greenwood and Coxwell, steps to Greenwood TTC subway, shops, restaurants and everyday amenities. Enjoy commercial rental income from the tenant-occupied main floor and basement, with additional income potential from the spacious second-floor residence. Separate commercial and residential entrances provide flexibility for investors, business operators and multi-generational living. The approx. 1464 sq. ft. 1st floor + 1270 sq. ft. of basement is configured for retail/office use, featuring a 3-piece washroom, shelving and desks. A large basement offers additional usable space, a basic kitchen and washroom rough-in. The approx. 914sq. ft. upper apartment offers 3 bedrooms, a family room, dining area, full kitchen and renovated 3-piece bathroom. Bamboo flooring, LG stove, Whirlpool refrigerator and washer/dryer hookups in the third-bedroom closet add everyday convenience. Lease the entire 3-bedroomapartment or explore individual room-rental possibilities, subject to applicable requirements. Notable improvements include an upgraded electrical panel (approx. 5 years ago), roof (approx.5 years ago), deck (approx. 3 years ago), windows, doors and skylight (approx. 2 years ago),basement drain piping replaced with PVC in 2026. Enjoy an outdoor deck, rear laneway access, aprivate garage parking space and an owned hot water tank. BUILDERS & DEVELOPERS: Envision abrand-new mixed-use residential building with street-level retail in a sought-after urbancorridor, subject to required approvals. Great visibility and convenient front and rear accessin the heart of Danforth Village with strong neighbourhood appeal. A compelling opportunity tocollect rental income, establish a business below your residence or pursue a new developmentvision along one of Toronto's established east-end commercial streets. (id:55460)

Business

Business Type	Retail and Wholesale
Business Sub Type	Retail misc.

Property Details

MLS® Number	E14176626
Property Type	Retail
Community Name	Danforth

Building

Appliances	Water Heater, Whirlpool
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	2,583 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	110 Ft
Size Frontage	18 Ft
Size Irregular	18.08 X 110 Ft ; 16.7 Ft X 110.16 Ft X 16.52 Ft X 110.16
Size Total Text	18.08 X 110 Ft ; 16.7 Ft X 110.16 Ft X 16.52 Ft X 110.16
Zoning Description	Cr 3.0

https://www.realtor.ca/real-estate/30508964/1338-danforth-avenue-toronto-danforth-danforth