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About space 1

Fabulous Opportunity In A Prime Part Of The Danforth. Open And Bright With Numerous Renovations. Excellent For Retail With Lots Of Pedestrian Traffic. Half Basement For Storage. Tmi Plus Utilities Is Approx. $1983/Month. $1000 Subsidy/Per Month To The Rent For A Year And Six Months. **** EXTRAS **** Newer Furnace, Air Conditioning, Rear Lane Access.

  • Est. Monthly Rent: Undisclosed
  • Size 1,260 SF
  • Type Retail
  • Gross Rent Undisclosed
  • Base Rent Undisclosed
  • Additional Rent Undisclosed
  • Lease Direct
  • Availability Now
  • Last Updated Nov 13, 2015
  • Verified On Nov 13, 2015
  • Source SpaceList Research

About 393 Danforth Ave

The subject property is ideally situated along one of Toronto's premier retail corridors. The site further benefits from close proximity to the Chester subway station and adjacent signalized intersection. This offering presents a unique opportunity for an investor to acquire a prime retail property with existing cash flow or for an end-user to utilize the building for their own business operations and benefit from superior exposure to high foot traffic. The current zoning allows for three times density on the property, which equals 4,821 square feet of gross floor area, and a maximum height of 16 meters. Given the existing size of the building, a purchaser can further increase the cash flow of the property by adding over 2,500 square feet of new space and add a third floor.

  • Transit friendly
  • Property Type Retail
  • Zoning Commercial-Residential
  • Status Existing
  • Sale Price $1,790,000
  • Net Operating Income $109,040
  • Total Available Space 2,292 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 0 SF
  • Max Contiguous 0 SF
  • Building Size 2,292 SF

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