$1,149,000Asking Price
778 Pape Avenue, Toronto, ON M4K 3S7
The Danforth, Toronto
A rare opportunity to own a vacant, legal triplex in the heart of Toronto's Danforth Village. Just steps from Pape subway station and surrounded by shops, restaurants, and constant foot traffic, this property offers prime location and serious upside. With 8 bedrooms across 3 units and zoning that allows for both commercial and residential uses, this property opens up a world of possibilities. Renovate, reconfigure, or redevelop the choice is yours. Whether you're looking to add value, boost income, or create a mixed-use investment in a high-demand area, the potential here is undeniable. Well-priced, well-located, and wide open with opportunity 778 Pape is a smart move. Marketed together with neighboring detached home at 780 Pape - purchase one property or both!
A rare opportunity to own a vacant, legal triplex in the heart of Toronto's Danforth Village. Just steps from Pape subway station and surrounded by shops, restaurants, and constant foot traffic, this property offers prime location and serious upside. With 8 bedrooms across 3 units and zoning that allows for both commercial and residential uses, this property opens up a world of possibilities. Renovate, reconfigure, or redevelop the choice is yours. Whether you're looking to add value, boost income, or create a mixed-use investment in a high-demand area, the potential here is undeniable. Well-priced, well-located, and wide open with opportunity 778 Pape is a smart move. Marketed together with neighboring detached home at 780 Pape - purchase one property or both!
See MoreKey Info
- 2.5-Storey Triplex
- No Parking
- No Garage
- Pape & Danforth
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $5,250 in 2024
- Possession: Immediate/Flexible
Details
- Brick Exterior
- No Fireplace
- 6 Kitchens
- MLS #E12247844
- RE/MAX REALTRON REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 9 3-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
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.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
44%
of residents are
single and loving it.
44% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
34%
of residents
are renters.
34% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
60%
of residents are
university grads.
60% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$168K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Government | 15% |
| Sales | 13% |
| Business | 11% |
| Management | 10% |
| Culture | 9% |
Immigrants
26%
of residents were
born outside of Canada.
26% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
5.4% from Greece
All-time
Birthplace - Recent
0.4% from USA
Recent
Foreign Languages
Foreign Languages
| Greek | 9% |
| French | 3% |
| Cantonese | 2% |
| Spanish | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 56% |
| Jewish | 3% |
| Muslim | 1% |
| Buddhist | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
