2620 Danforth Ave

Toronto E02 | East End-Danforth | M4C 1L7
  • 7
  • 1
  • 0

$3,599,000

Est. Mtg $12,203 /mo
  • Days on market

    238

  • Status

    Ext

Listing Broker REDPORT INC.
Since listed: 3 views

Home details

MLS #:

E7296058

Property type:
Store W/Apt/Office
Style:
2-Storey
Taxes:
$17,835
Possession:
TBD
Lot Front:
24.95   Feet
Lot Depth:
132.08   Feet
Basement:
Part Fin |
Driveway Pkg:
1
Heat:
Gas | Forced Air

Description


2620 Danforth Ave, , Toronto, Ontario is a Store W/Apt/Office property in Toronto E02 and in the East End-Danforth community in the M4C 1L7 postal code


Attention Investors And Developers, Excellent Opportunity To Acquire A Prime Income Producing Corner Lot On Danforth And Main Street. 2X(2 Bedrooms Apart) 3X(1 Bedroom Apart). Apartments Recently Renovated, One Retail Cannabis Store With Approx 1800Sf Plus Full Basement And One Retail Sew Good Tailoring Occupied Approx 300Sft). 3 Minutes Walk To Subway Station And 4 Minutes To Go Train. Redevelopment Potential with Proximity To Existing And Future Developments.

Extras

5 Hot Water Tanks (Rental) 3 Furnaces, Washer, Dryer And All Residential Appliances. 7 Separates Hydro Meters, 2 Gas Meters. One Boulevard Parking Spot On The Side Of The Building. Building Is Built Almost 100% Lot Coverage..


History

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List Date End Date List Price End Price Status MLS #
2023-03 2023-05 $2,900 $2,900 Exp E5970649
2023-11 2024-06 $3,599,000 $3,599,000 Ext E7296058
2024-01 2024-02 $1,500 $1,500 Lsd E8022410
2024-06 $3,599,000 $3,599,000 E7294248
2019-09 $289,000 $289,000 E4211139
2023-11 $4,200,000 $3,888,000 E6622508
2021-11 $5,500 $5,500 E5393684

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto E02 :

Average sale price

$1,365,495

Properties sold

72

New Listings

112

Days on Market

9

Sale $ / List $

111%

Year on Year Growth

-5.56%



Estimated running costs for 2620 Danforth Ave

Based on available 3rd party data

$13824

Approximate costs per month

Mortgage
$12203 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1486 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker REDPORT INC.
Data Source: TRREB

Payment calculator

$13689 monthly. In association with: TD Bank
%
  • Principal and Interest
    12203 /mo
  • Property Taxes
    $1486 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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