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Sanjiv Puri

Broker
Ipro Realty Ltd., Brokerage Independently owned and operated. 503-55 City Centre Dr., Mississauga, Ontario L5B1M7 Cell: 647-295-5501Office: 905-268-1000Fax: 905-277-0020

$1,499,000
Available - For Sale
Listing ID: E12283407
777 Danforth Road , Toronto, M4J 1L2, Toronto


Exceptional mixed-use investment opportunity featuring a fully operational restaurant with a commercial-grade industrial kitchen on the main floor and a spacious residential apartment above. The main floor offers approximately 1,100 sq ft of restaurant space with a full kitchen built at a cost of around $300,000, currently operating as takeout only (no dine-in). There is also a full basement used for restaurant storage, providing additional functional space. The second-floor apartment has a separate entrance and proper fire separation as per building code, ensuring tenant safety and compliance. This professionally renovated building with permits includes extremely rare on-site parking for 14 cars, a major asset in this high-traffic area where parking is hard to find. Ideal for investors seeking strong rental income and appreciation potential, or for end users looking to operate their business while living above. The building is small and easy to maintain yet offers excellent utility with its mixed-use configuration. Fire safety layers are in place between the commercial and residential units, meeting all city requirements. Highlights include a prime location with great exposure, turnkey fully equipped kitchen saving significant build-out costs, full basement storage, and a legal residential apartment for additional income. This is a unique opportunity to own a professionally upgraded, code-compliant mixed-use property with high visibility and low vacancy risk, perfect for restaurant operators, food entrepreneurs, or investors looking for a solid asset in a sought-after area. Contact us today for more details or to schedule a private showing of this rare offering.
Price $1,499,000
Taxes: $8363.38
Tax Type: Annual
Occupancy: Owner+T
Address: 777 Danforth Road , Toronto, M4J 1L2, Toronto
Postal Code: M4J 1L2
Province/State: Toronto
Legal Description: PT LT 5, BLK N, PL 1093 , AS IN TB391252
Directions/Cross Streets: Danforth Rd / Midland Ave
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
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 1100.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Sprinklers: No
Washrooms: 0
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.
RE/MAX ACE REALTY INC.
Personal Picture
Sanjiv Puri
Broker
Dir:
647-295-5501
Bus:
905-268-1000
Fax:
905-277-0020
 
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At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E04
Neighbourhood: Kennedy Park
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $8,363.38
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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