$1,499,000Asking Price
Prime Danforth Investment Opportunity. Location, income, and upside-this one delivers. Just steps to the Danforth, this legal triplex, currently configured as an 8-unit building, offers exceptional convenience and serious cash flow. Thoughtfully planned with safety and efficiency in mind, this solid, well-maintained brick property has been cared for by long-time owners and is ready for its next chapter. Featuring a double-car garage (currently both rented annually) off the laneway and sitting on a desirable corner lot with a generous side and backyard, it checks all the boxes for both stability and future growth. The building includes three one-bedroom units, and five bachelor units, all tenanted by long-term, reliable occupants-making this a true turnkey investment. Roof just redone with warranty. Opportunities like this don't come often. Sky's the limit. Laneway Report Attached as well as Survey.
Prime Danforth Investment Opportunity. Location, income, and upside-this one delivers. Just steps to the Danforth, this legal triplex, currently configured as an 8-unit building, offers exceptional convenience and serious cash flow. Thoughtfully planned with safety and efficiency in mind, this solid, well-maintained brick property has been cared for by long-time owners and is ready for its next chapter. Featuring a double-car garage (currently both rented annually) off the laneway and sitting on a desirable corner lot with a generous side and backyard, it checks all the boxes for both stability and future growth. The building includes three one-bedroom units, and five bachelor units, all tenanted by long-term, reliable occupants-making this a true turnkey investment. Roof just redone with warranty. Opportunities like this don't come often. Sky's the limit. Laneway Report Attached as well as Survey.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 2 4-Piece Bathrooms | ||||
| 3 4-Piece Bathrooms on Main Floor | ||||
| 3 4-Piece Bathrooms | ||||
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The Danforth, Toronto is a central Toronto neighbourhood notable for its university grads, executives and science, education, law & public sector and arts & culture professionals. It has a higher than average population of immigrants from Greece, and Greek speakers. Residents tend to be older with a significant number of babies, kids aged 10 to 14 and adults aged 35 to 54.
Kids Per Family
1.1
kids per family
in the neighbourhood.
44%
of residents are
single and loving it.
44% singles
Toronto (50%)
34%
of residents
are renters.
34% renters
Toronto (47%)
60%
of residents are
university grads.
60% university grads
Toronto (48%)Average Household Income
$168K
is the average household
income in the neighbourhood.
Professions
| Government | 15% |
| Sales | 13% |
| Business | 11% |
| Management | 10% |
| Culture | 9% |
26%
of residents were
born outside of Canada.
26% immigrants
Toronto (48%)5.4% from Greece
All-time
0.4% from USA
Recent
Foreign Languages
| Greek | 9% |
| French | 3% |
| Cantonese | 2% |
| Spanish | 1% |
| Italian | 1% |
Religions
| Christian | 56% |
| Jewish | 3% |
| Muslim | 1% |
| Buddhist | 1% |
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.