Listing photo for 698 Danforth Ave, Toronto, Ontario
Listing photo for 698 Danforth Ave, Toronto, Ontario
Listing photo for 698 Danforth Ave, Toronto, Ontario
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698 Danforth Ave,

Toronto, Ontario

$1,800,000

5 Baths
3,600 Sqft

Great Investment On The Danforth And Greektown! Pharmacy (1 Retail) And Multiple Offices (2 On 2nd, 1 On Main, 1 Or 2 In Basement) With Income Of $115,776 Annually. Property Fully Leased. All Rents Inclusive. Rent Increase Of $5400 Next Year And $6,000 The Following Year. With 4.43% Cap (Maintenance 3%, Vacancy 2%) Currently & More In The Following Years! Equity Appreciation Of Approx Over 22% Annually For Last 4 Years*. So Much Future Upside!!!

Facts & Features
MLS® # E4443427
Price $1,800,000
Bathrooms 5.00
Square Footage 3,600
Type Commercial
Sub-Type Commercial/Retail
Status A
Community Information
Address 698 Danforth Ave
Area Toronto
Subdivision Danforth Village-East York
City Toronto
Province Ontario
Postal Code M4J1L1
Amenities
Utilities Y
Features Property Sold As-Is. Leases, Utility Bills, Taxes Info Provided With An Offers. No Survey. Do Not Go Direct!!! Current Tenants Are A Pharmacy Till Apr 2023, Bsmt & #102 Till Aug 2022, #201 Till Feb 2021, #202 Till Dec 2019-Negotiating Now.
Garages None
Interior
Heating Gas Forced Air Closd
Has Basement Yes
Exterior
Lot Description 15.25x90.00 Feet
Additional Information
Zoning Cr 3.0 (C2.5; R2.5)
Listing Details
Office KELLER WILLIAMS REFERRED REALTY, BROKERAGE
Photo of Lauren Gordon

Lauren Gordon

Office: 4162361241
Cell: 4169496625

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