An Income Property With Outstanding Development Potential. An Estimated Net Income Of $142,400 Will Provide A 3.58% Cap Rate. Proposed To The City Was This 7 Storey Mixed-Use Rental Building. A Huge Amount Of Time, Money, And Studies Have Already Been Spent. However, At This Stage, The Opportunity For This Project To Become A Condo Development Is Another Excellent And Profitable Option.**** EXTRAS **** A Link To The Application Details Can Be Provided Where The Seller Has Submitted 29 Reports, Studies, And Supporting Documents To The City Regarding This Property. (id:37036)
| MLS® Number | E5618932 |
| Property Type | Multi-family |
| Community Name | Woodbine Corridor |
| Cooling Type | Partially Air Conditioned |
| Size Interior | 4478 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Irregular | 46.16 X 97.01 Ft |
| Size Total Text | 46.16 X 97.01 Ft |
https://www.realtor.ca/real-estate/24406894/1821-danforth-ave-toronto-woodbine-corridor
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