1821 Danforth Ave $3,977,000

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    1821 Danforth Ave Toronto, ON M4C 1J2

    • Commercial
    • Listing# E5618932
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    Property Details

    An Income Property With Outstanding Development Potential. An Estimated Net Income Of $142,400 Will Provide A 3.58% Cap Rate. Proposed To The City Was This 7 Storey Mixed-Use Rental Building. A Huge Amount Of Time, Money, And Studies Have Already Been Spent. However, At This Stage, The Opportunity For This Project To Become A Condo Development Is Another Excellent And Profitable Option.

    • General Features
      • Area Toronto
      • Community Woodbine Corridor
      • Extras A Link To The Application Details Can Be Provided Where The Seller Has Submitted 29 Reports, Studies, And Supporting Documents To The City Regarding This Property.
      • Zoning Cr -Commercial Residential
    • Building Features
      • Air Conditioning Part
      • Basement N
      • Elevator None
      • Garage Type None
      • Heat Type Gas Forced Air Closd
    • Property Features
      • Lot Bldg Unit Code Lot
      • Lot Depth 97.01
      • Lot Front 46.16
      • Lot Size Code Feet
      • Sewers San+Storm
      • Water Municipal

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    Neighborhood

    M4C 1J2 (Toronto) Demographics

    41 Median Age
    23,859 Population Density (per sq. mile)
    N/A College Educated
    $66,630 Estimated Median Income
    12,005 Estimated Total Home Owners
    13,740 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    45,863 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $3,977,000
    5/14/2022 5:13:00 PM New in Database Source: Multiple Listing Service New Value: $3,977,000

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    Information is provided in part by the IDX program of the Toronto MLS®. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.