1190 Danforth Ave

Toronto, M4J1M6
UNAVAILABLE
1190 Danforth Ave, Toronto
Retail
CATEGORY
3,716 Sq Ft
TOTAL AREA
E4162497
MLSID
Contact Us
Property Description
Prime Corner Property - A&W 15 Year Triple Net Lease Corporately Guaranteed - Across The Street From A 9-Storey Mixed-Use Condo Project - Walking Distance To Greenwood Subway Station And New Starbucks Location - Great Opportunity For An Investor Looking For A Stabilized Fully Leased Asset
Extras
Current Noi Of $188,511.77 - Cap Rate Of 5.09% - Thousands Spent On Renovations Including: New Hvac, Upgraded Electrical, Fire Rating, New Flooring, Etc. Property Was Previously Used As A Bank. Property Is Not Listed Or Designated Heritage.
Property Details
Category
Retail
Usage
Retail Store Related
Zoning
Cr. 3.0 (C2.0;R2.5)
Total Area
3,716 Sq Ft
Office/Apartment Area
1,838 Sq Ft
Retail Area
1,878 Sq Ft
Lot Size
35' x 56'
Taxes
$24,505 (2017)
Air Conditioning
Yes
Listing contracted with Metropolitan Commercial Realty Inc., Brokerage
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