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Home ON Greater Toronto Area Toronto Old Toronto Playter Estates
298 DANFORTH AVENUE
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298 DANFORTH AVENUE $2,600,000
$2,600,000
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298 DANFORTH AVENUE
Toronto (Playter Estates-Danforth), Ontario M4K1N6

MLS® Number: E8120020

Listing Description

Meticulously upgraded commercial building nestled in Greektown's vibrant center. With two fully renovated units, this property promises a hassle-free investment opportunity. Boasting a new roof in 2021 and other upgrades. Two triple net leases, with escalations in place. Secure stable income and future growth potential in this prime location. 260 meters from Chester Subway Station! **** EXTRAS **** The property is currently 100% leased with approximately $108K of annual NOI with escalation. (34710559)

Location Description

Danforth Ave & Jackman Ave

Property Summary

Property Type
Retail
Community Name
Playter Estates-Danforth
Land Size
Bldg=21.88 x 90.11 FT
Annual Property Taxes
$29,099
Time on REALTOR.ca
287 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)

Measurements

Square Footage
4813 sqft
Exterior Building Size
4813 sqft

Land

Lot Features
Frontage
21 ft ,10 in
Land Depth
90 ft ,1 in
Other Property Information
Zoning Description
CR 3.0
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
MACLEAN TALLIS