







1/92418 DANFORTH AVENUE, Toronto (East End-Danforth), ON M4C1K9
Price on request
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Asset Class
Retail
Size
—
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
85%
Prime Danforth Avenue Commercial Space with Garage. Set your business up on a busy stretch of Danforth Avenue, close to the subway and surrounded by established neighbourhood businesses. This approximately 1,050 sq. ft. commercial space features 20 feet of street-facing frontage, offering a visible presence along the avenue. Formerly used as a hair salon, the space could suit a range of businesses, including a salon, clinic, boutique or other service-based operation. A separate 375 sq. ft. garage provides valuable room for a vehicle or additional storage, while rear laneway access offers a convenient option for deliveries. The property is located between a medical clinic and a flower shop, adding to the mix of local businesses along this well-travelled corridor. A great opportunity to bring your business to the Danforth and make the space your own. Triple net lease: $2,600 per month base rent, plus additional rent and applicable charges. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
78,016
Households
27,097
Median income
$106,000
Median age
33
Daytime population
72,965
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2418 DANFORTH AVENUE, Toronto (East End-Danforth).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.