• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$2,485,000
Available - For Sale
Listing ID: E12291728
588 Danforth Aven , Toronto, M4K 1R1, Toronto


Rarely offered gem on Danforth Ave + Completely rebuilt in 2011 with a 40 ft extension added in 2011 + Foundation underpinned and waterproofed (to the existing structure and extension) offering 7 ft ceiling height in the basement + Total 400 amp power upgrade + New sump pump; bone dry basement + All sewer pipes, drains, joists, electrical wiring, roof, foundation were all redone in 2011 + Property is built to code with original drawings available + Immaculate condition + Remarkable 120 ft deep lot 1. GROUND FLOOR FEATURES: Main entrance on Danforth Ave + Walk-in freezer, commercial range hood, 9-foot ceilings, HRV ventilation system, 2 egress (front and back), 200 amps, access to lower level (two washrooms), and ample storage in the basement 2. UPPER LEVEL FEATURES: Main door entrance on Danforth Ave, 5 separate offices, 8 ft ceiling, separately rented, hardwood floor throughout (in pristine condition), 3-pc washroom in hallway, 2-pc washroom in the unit facing Danforth Ave, potential to convert into apartment suites (rough-in is in place), fire rated doors, 2 skylights in the hallway pouring with natural sunlight, 2 egress (front and back), 200 amps, 4 portable AC units (in addition to CAC), pot lights throughout, smooth ceilings and baseboard heating in each office 3. BASEMENT FEATURES: 2 separate basements partially finished (separate entrance); over 1000 sq ft of additional space and 7 ft height clearance (rare) + ADDITIONAL HIGHLIGHTS: 6 individual meters for hydro, central AC x 3 (2 on the main level and 1 upstairs), HRV x 2, sump pump, total of 4 washrooms with a rough-in to accommodate a 5th washroom, newer roof, newer furnace, 2 private parking spots, all HVAC and HRV systems are owned, no rental items! Steps to the subway and the future Ontario Line and new condo developments. Incredible opportunity!
Price $2,485,000
Taxes: $34858.46
Tax Type: Annual
Monthly Condo Fee: $0
Occupancy: Tenant
Address: 588 Danforth Aven , Toronto, M4K 1R1, Toronto
Postal Code: M4K 1R1
Province/State: Toronto
Legal Description: PT LT 8 PL 1152 TORONTO (MIDWAY) AS IN C
Directions/Cross Streets: Danforth/Pape
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Retail
Use: Other
Building Percentage: T
Total Area: 2700.00
Total Area Code:  Square Feet
Office/Appartment Area: 1350
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 6-15
Financial Statement: T
Chattels: T
Franchise: T
Employees #: 0
Seats: 0
Sprinklers: Yes
Washrooms: 0
Rail: N
Grade Level Shipping Doors #: 1
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 ATRIA REALTY INC.
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E03
Neighbourhood: Playter Estates-Danforth
Style:
Lot Size: x 120.00(Feet)
Approximate Age: 6-15
Tax: $34,858.46
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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