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783 DANFORTH AVENUE, Toronto (Blake-Jones), Ontario

$2,300,000

7 bath · 4,087 sq ft

MLS® E13886782

Exceptional 6.3 CAP turn-key mixed-use investment opportunity in the heart of Toronto's vibrant Danforth corridor! 783 Danforth Avenue offers an impressive combination of commercial and residential income with six distinct income-producing components.The property features an established long term main-floor restaurant, lower-level retail space and four spacious two-bedroom apartments across the upper two levels. Three of the four apartments have been renovated, providing attractive, updated living spaces with strong rental appeal. All units are separately hydro metered, helping reduce landlord expenses and simplify management.Ideally positioned on a high-visibility stretch of Danforth Avenue with strong pedestrian and vehicular traffic, the property benefits from excellent transit access and is surrounded by established restaurants, shops, services and neighbourhood amenities.An outstanding opportunity for investors seeking diversified income from both commercial and residential tenancies, with the added potential to further enhance revenue and long-term value. A compelling addition to any real estate portfolio in one of Toronto's most established mixed-use corridors. (id:56426)

RYAN MICHAEL MENDONCA

Listed by INTERNATIONAL REALTY FIRM, INC.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
7,494
Median household income
$93,900
Median home value
$1,165,850
Owner-occupied
54%
Homes for sale
27
Median list price
$1,099,000

Source: Statistics Canada 2021, LiveBy

Map of Blake-Jones
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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