3224 Danforth Avenue, Toronto | Image 1

3224 Danforth Avenue

Toronto, Oakridge

  • Commercial

$2,849,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: CR3.5 (C3.5;R3*8

  • Age: No Data

  • Taxes: 7582.75

  • MLS®#: E8030898

  • Days on Site: 42 Days

  • Added: Jan 30, 2024 (1 month ago)

  • Updated:

  • Last Checked: 5 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Opportunity to own a beautifully renovated and high performing investment property with upside potential. The property consists of five (5) residential and one (1) commercial storefront. This property is conveniently located and just a short walk to Victoria Park Station. NOI (2023) is $136,064.88. All details to be verified by buyer and buyer's agent.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: Toronto

  • Community: Oakridge

  • Availability Date: Upon Closing

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 6 PL 808 SCARBOROUGH AS IN TB493777 EXCEPT E

  • Taxes: $7,583

  • Taxes Type: Annual

Land

  • Cross Street: Victoria Park & Danf

  • Municipality District: Toronto E06

  • Parcel Number: 064600146

  • Sewer: Sanitary

  • Lot Depth: 110 Feet

  • Lot Frontage: 20 Feet

  • Zoning: CR3.5 (C3.5;R3*8

Commercial Specific

  • Rail: N

  • Retail Area: 400

  • Retail Area Metric: Sq Ft

  • Total Area: 4000

  • Total Area Metric: Sq Ft

  • Office Size: 3600

  • Office Size Metric: Sq Ft

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Survey: Y

  • Financial Statement: Y

Car-Dependent

  • Most errands require a car.
40 /100

Excellent Transit

  • Most errands can be accomplished by public transportation.
83 /100

Bikeable

  • Some errands can be accomplished on bike.
66 /100
JK-8

St Dunstan Catholic School

Elementary: Catholic
0.15 km
JK-8

Blantyre Public School

Elementary: Public
0.85 km
JK-8

Warden Avenue Public School

Elementary: Public
0.92 km
5-8

Samuel Hearne Public School

Elementary: Public
0.26 km
JK-5

Crescent Town Elementary School

Elementary: Public
0.92 km
JK-4

Oakridge Junior Public School

Elementary: Public
0.31 km
9-12

East York Alternative Secondary School

Secondary: Public
3.45 km
9-12

Notre Dame Catholic High School

Secondary: Catholic
1.55 km
9-12

Neil McNeil High School

Secondary: Catholic
1.51 km
Pre-Grade 9-12

Birchmount Park Collegiate Institute

Secondary: Public
1.94 km
9-12

Malvern Collegiate Institute

Secondary: Public
1.37 km
9-12

SATEC @ W A Porter Collegiate Institute

Secondary: Public
2.69 km
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