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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.
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.