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1363 - 1367 Danforth 2 Condos Offered at $3,498,000 CAD in Toronto, ON
Executive Summary
Situated prominently on the southwest corner of Danforth Avenue and Gillard Avenue, this mixed-use property of almost 9,000 sf is priced at under $400.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 10 residential units comprising a total of 28 bedrooms on the 2nd & 3rd floors and rear main floor accessed from 214 Gillard Ave, with ground-floor retail space along the Danforth frontage with steady pedestrian and vehicular traffic. While the property would benefit from updates, it presents a compelling value-add opportunity for investors seeking stable income with significant growth potential, or owner-operators to renovate, reposition, and customize the asset to suit their vision. The corner location offers flexibility for a variety of commercial uses including hospitality with patio potential. Located within the Greenwood Major Transit Area, the property stands to profit from ambitious intensification plans, including a proposed minimum density target nearly double the current population. 1363 - 1367 Danforth is a substantial corner property, on a major artery, and steps to a subway station offering an excellent opportunity for any Buyer. (43539110)
Property Facts
| Price | $3,498,000 CAD | Number of Properties | 2 |
| Price / SF | $389.84 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 8,973 SF |
| Status | Active |
| Price | $3,498,000 CAD |
| Price / SF | $389.84 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,973 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1351-1369 Danforth Ave, 1st Floor - Unit 1365, Toronto, ON M4J 1N1 | Office/Retail Condo | 2,748 SF | - | - |
| 1351-1369 Danforth Ave, 1st Floor - Unit 1367, Toronto, ON M4J 1N1 | Retail Condo | 6,225 SF | - | - |
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1363 - 1367 Danforth
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