Asking: $4,998,000.00
Description:
- Corner property located on Danforth Ave. at Gillard Ave. 150 meters to Greenwood Subway Station entrance.
- Configured as Main Floor retail and 10 apartments.
- Will generate over 6% cap rate fully leased.
- Generating a 5.78% capitalization rate with excellent opportunity for upside potential.
- Located in the Greenwood Major Transit Area with a proposed minimum density target almost double the current population.
- Excellent opportunity for an investor or user with future development possibilities.
Size:
- Lot: 46 x 100 feet
- Building: 8,978 sq. ft. Above Grade plus full basement.
Additional Resources:
