Added 1 week ago
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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: CR 1.5
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Age: 51-99 years
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Taxes: 27387.68
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MLS®#: W8240574
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Days on Site: 1 Days
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Added: Apr 16, 2024 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: ROYAL LEPAGE SIGNATURE REALTY
Fantastic investment opportunity! 2 Multi-unit store apartments merged into 1, with 2 addresses. Owner occupied main and lower level at 1357 will be vacant on closing, and can drastically improve income immediately. Was a former thriving real estate office. Zoned CR 1.5, bylaw section attached to listing. Currently zoned for both commercial & residential use. Please rely on own due diligence for zoning. Flat roof replaced in portions in 2022. Sign on roof provides income as well. Lane parking to detached garage on remote and 3 parking spots. Amazing opportunity. Really amazing views of Toronto Skyline. Financials attached to listing. Income from roof top Sign as well.
Extras
Property includes four 1-bedroom units, one 2-bedroom unit, one bachelor unit (owner occupied), & 2 main floor retail spaces (owner occupied - not used used as retail but zoning unchanged). 4 total parking via lane off Bristol or Dufferin.
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Age: 51-99
Area: Toronto
Community: Dovercourt-Wallace Emerson-Junction
Availability Date: 60 days/TBA
Assessment Amount: $1,742,000
Assessment Year: 2024
Inside
Bathrooms: 9
Air Conditioning: Part
Washrooms: 9
Utilities
Utilities: Available
Building
Basement: Y
Heat Type: Baseboard
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Single Detached
Fees
Tax Year: 2023
Tax Legal Description: PLAN M24 PT LOT 45
Taxes: $27,388
Expenses: Est
Taxes Type: Annual
Taxes: 27388
Tax Year: 2023
Water Fees: 4396
Land
Cross Street: Davenport/Dufferin S
Municipality District: Toronto W02
Parcel Number: 212880001
Lot Depth: 120 Feet
Lot Frontage: 45 Feet
Lot Irregularities: 45.01Ft X 121.44Ft X
Zoning: CR 1.5
Additional Media
- Virtual Tour: https://studiogtavtour.ca/1357-Davenport-Rd/idx
Commercial Specific
Retail Area: 2691
Retail Area Metric: Sq Ft
Total Area: 5382
Total Area Metric: Sq Ft
Office Size: 600
Office Size Metric: Sq Ft
Lot Code: Building
Survey: Y
Business/Building Name: 1357/1359 Davenport Road
Gross Income/Sales: 115932
Walker's Paradise
- Daily errands do not require a car.
Excellent Transit
- Most errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
Cottingham Junior Public School
Elementary: PublicRosedale Junior Public School
Elementary: PublicOrde Street Public School
Elementary: PublicChurch Street Junior Public School
Elementary: PublicHuron Street Junior Public School
Elementary: PublicJesse Ketchum Junior and Senior Public School
Elementary: PublicNative Learning Centre
Secondary: PublicSubway Academy II
Secondary: PublicCollège français secondaire
Secondary: PublicMsgr Fraser-Isabella
Secondary: CatholicJarvis Collegiate Institute
Secondary: PublicSt Joseph's College School
Secondary: Catholic-
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