698 Danforth Ave

Danforth Village-East York, Toronto, ON, M4J 1L1
MLS® #: E4443462
ROBERT WONG, KELLER WILLIAMS REFERRED REALTY

$1,800,000

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Business Type: Business

Date Listed: Wed, May 08, 2019

Property Tax: N/A

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698 Danforth Ave

Danforth Village-East York, Toronto, ON, M4J 1L1

$1,800,000

3600 sqft|Business
MLS® #: E4443462
ROBERT WONG, KELLER WILLIAMS REFERRED REALTY

More to See

Property Description

Great Investment On The Danforth And Greektown! Pharmacy (1 Retail) And Multiple Offices (2 On 2nd, 1 On Main, 1 Or 2 In Basement) With Income Of $115,776 Annually. Property Fully Leased. All Rents Inclusive. Rent Increase Of $5400 Next Year And $6,000 The Following Year. With 4.43% Cap (Maintenance 3%, Vacancy 2%) Currently & More In The Following Years! Equity Appreciation Of Approx Over 22% Annually For Last 4 Years*. So Much Future Upside!!!**** EXTRAS **** Property Sold As-Is. Leases, Utility Bills, Taxes Info To Be Provided With Any Offers. No Survey. Do Not Go Direct!!! Current Tenants Are A Pharmacy Till April 2023, Offices Bsmt & #102 Till Aug 202, #201 Till Feb 2021, #202 Till Dec 2019. (id:153)

This listing content provided by REALTOR.ca https://www.realtor.ca/ has been licensed by REALTOR® members of The Canadian Real Estate Association https://www.crea.ca/

Details

Property Type: Business Opportunity
Property Tax: N/A
Fees: N/A
Last Updated: Thu, September 12, 2019

Key Facts

MLS® #: E4443462
Ownership-Type: N/A
Year Built: N/A
sqft: 3600 sqft SQFT
Date Listed: May 08, 2019
Lot Size: 15.25 x 90 FT
Occupancy: N/A
Transaction Type: For sale
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Suggested Listings (9)

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ALDO TINO UDOVICIC, RE/MAX Crossroads Realty Inc.
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VITO VESSIO, RE/MAX Unique Inc
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WILLIAM CAI, HOMELIFE LANDMARK REALTY INC.
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ERNIE ARRIZZA, CENTURY 21 KELLEHER REAL ESTATE INC.
MLS® #: C4577736

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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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Data was last updated Thursday, September 12, 2019 at 3:22:26 AM
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[vc_row][vc_column][vc_column_text]RE/MAX recently released its 2018 Commercial Investor Report (Western Canada Edition), highlighting trends and market activity in several key markets. Following up on the report, we have compiled some introductory tips from some of our brokers and agents for investing…

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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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Data was last updated Thursday, September 12, 2019 at 3:22:26 AM