FOR SALE
2858 DANFORTH AVE TORONTO, ON 2858 DANFORTH AVENUE
THE OFFERING
CBRE is excited to offer for sale 2858 Danforth Avenue, Toronto (the “Property”). 2858 Danforth Avenue features a 4,600 sq. ft. two-storey building on a 0.106 acre site. The building is comprised of a retail unit on the ground floor, with an office and storage space in the basement. The basement features approximately 7’ ceilings. The second floor contains two, two bedroom apartments. The Property is a great opportunity for both an end-user or an investor. The ground floor and basement are currently occupied by the Vendor, and the Vendor would consider a 2 year leaseback. Alternatively, the property can be sold vacant.
2858 Danforth Avenue is conveniently located on Danforth KINGSTON RD Avenue, which is a busy commercial arterial in the City of Toronto’s transitioning East End Market. The Property is a short walk away from Main Street and Victoria Park Subway stations and a 10 minute drive away from Don Valley Parkway and 401.
PROPERTY INFORMATION
Lot Size 0.106 ac. Building Size 4,600 sq. ft. Frontage 32.15 ft. Depth 144.18 ft. Zoning CR 3 - Commercial Residential Parking 9 spaces Occupancy Owner occupied, with 2 residential tenants Taxes $14,937 (2019)
GERRARD ST E PROPERTY FROM ABOVE
ALL OUTLINES ARE APPROXIMATE COXWELL AVE COXWELL
WOODBINE ST
WOODBINE
MAIN ST
MAIN STREET
SUBJECT PROPERTY
GO TRAIN
SUBWAY LINE 2
VICTORIA PARK AVE
VICTORIA PARK
DANFORTH AVE Offers will be considered as they are received. OFFERING PROCESS Submissions can be made by email or hard copy to:
Brett Taggart | [email protected] Brad Walford | [email protected]
ASKING PRICE - $2,700,000
SUBJECT PROPERTY
DRIVE TO 15 MIN DOWNTOWN DRIVE TO 10 MIN DVP DRIVE TO 12 MIN 401 HWY
Brett Taggart Brad Walford* Sean Comiskey* Lisa Sirotinina CBRE Limited Sales Representative Vice President Vice President Client Services Assistant 2005 Sheppard Avenue East, T +1 416 495 6269 T +1 416 495 6241 T +1 416 495 6215 T +1 416 495 6274 Suite 800 [email protected] [email protected] [email protected] [email protected] Toronto, Ontario M2J 5B4 www.cbre.ca
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