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East End-Danforth, Toronto E02, ON M4C 1K4
$3,988,888
Income producing property investment opportunity within 300m radius of a TTC Station. This rare, wide 44.5ft frontage property features two combined mixed-use buildings, fully leased with stable, multi-stream income. The asset includes a flagship anchor restaurant (LLBO) on the main/lower levels, a basement office, and four residential apartments. Located in a rapidly densifying Transit-Oriented Community (TOC) steps from Woodbine TTC Subway Station. Recent 2024/2025 high-value upgrades include: two new high-efficiency IBC SL 20-160 hydronic boilers, new tankless water heater, and a full renovation of Unit 2183B. Features 10 tandem parking spaces with rear laneway access. A turn-key holding property with significant future redevelopment potential in a high-traffic urban hub. HST applicable to commercial portion only. Seller and Buyer to agree on price allocation at time of offer.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
637 Kingston Road
The Beaches, Toronto E02