962-974 Danforth Avenue
Danforth / Toronto E03, ON M4J 1L9
About This Property
Over 70 feet frontage on the Danforth, adjacent to Greek Town. Backing onto Donlands Subway. Three profitable businesses (licensed cafe 9 years, bar 42 years, Residential Uses. 19 years). Excellent potential for future redevelopment, in particular, seniors residence, medical centre etc. Owner willing to lease back to provide holding income. Potential for larger development.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12841530
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$32,717
/month · $5,360,000 mortgage
Amortization
Total Interest
$4,455,095
Total Cost
$9,815,095
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.