Over 70 feet frontage on the Danforth, adjacent to Greek Town. Backing onto Donlands Subway. Three profitable businesses (licensed cafe 9 years, bar 42 years, Residential Uses. 19 years). Excellent potential for future redevelopment, in particular, seniors residence, medical centre etc. Owner willing to lease back to provide holding income. Potential for larger development.
Address
962-974 Danforth Avenue
List Price
$6,700,000
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto E03
Sub-Area
Danforth
Region
Toronto
Lot Depth
102
Lot Type
Lot
Lot Size Units
Feet
Lot Width
71.75
Total Building Area
8745
Occupant Type
Owner
Cross Street
Donlands/Danforth
MLS® Number
E12841530
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Basement
Yes
Postal Code
M4J 1L9
Posession Details
TBA
Parking Spaces
8
Tax Amount
$48,000.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Other
Cooling
Yes
Cooling Features
Partial
Garage Type
Double Detached
Tax Legal Description
See Schedule C
Security Features
No
Sewer
Sanitary