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Home ON Greater Toronto Area Toronto Scarborough Oakridge
3224 DANFORTH AVENUE
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3224 DANFORTH AVENUE $2,250,000
7 days ago
$2,250,000
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3224 DANFORTH AVENUE
Toronto (Oakridge), Ontario M1L1C1

MLS® Number: E12610346
6
Bathrooms
4000
Square Feet

Listing Description

Opportunity to own a beautifully renovated and high performing investment property with upside potential. The property consists of five (5) residential and one (1) commercial storefront. This property is conveniently located and just a short walk to Victoria Park Station. NOI (2024) was $140,806.07. The property is being offered to the market at a 6.3% cap rate. All details to be verified by buyer and buyer's agent. (41782082)

Location Description

Cross Streets: Victoria Park & Danforth Avenue. ** Directions: Danforth & Wanstead.

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Square Footage
4000 sqft
Community Name
Oakridge
Land Size
Bldg=20 x 110 FT
Annual Property Taxes
$7,582.75
Time on REALTOR.ca
7 days

Building

Bathrooms
Total
6
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
4000 sqft
Exterior Building Size
4000 sqft

Land

Lot Features
Frontage
20 ft
Land Depth
110 ft
Other Property Information
Zoning Description
CR 2.5 (c2.5; r1.9) SS2 (x812)
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PHILIP CLARKE GARRATT