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899 Pape Avenue Toronto, Ontario M4K 3V1

2389 sqft
Partially Air Conditioned Other

$1,269,000

Seeking excellent value in a mixed-use investment in the heart of the thriving Pape Village? Read on! Benefitting from prime foot-traffic, 899 Pape is located in a highly visible corridor with strong neighbourhood support, ready to welcome its next successful retail, service, or creative enterprise. The rear driveway has been newly paved and is 2 cars wide, providing dedicated owner/staff parking or essential customer convenience. An important, extra-wide 6-foot shipping/receiving door at the rear makes inventory handling, stock delivery, and larger equipment transfer easy. The recently renovated second floor offers a true escape from the retail bustle: The huge, clean & bright 2BR, 1WR apartment is move-in ready. Enhanced by a skylight, providing natural light and a residential feel. Separate front and rear entrances are convenient and provide privacy for the owner/operator. It can also offer potential for a fully self-contained rental unit to generate passive income. Owner/operators can eliminate their commute, by living upstairs in a comfortable, recently renovated suite while operating their business out of a highly visible, prime commercial storefront. While local transit construction is currently underway, this site is strategically positioned for long-term appreciation tied to major infrastructure upgrades in the area. Invest now and reap the benefits of enhanced accessibility and sustained community growth. Enjoy flexible occupancy to align seamlessly with your transition or business launch timeline. (id:60365)

Property Details

MLS® Number E12487260
Property Type Retail
Community Name Danforth Village-East York
AmenitiesNearBy Public Transit
EquipmentType Water Heater
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

Age 51 To 99 Years
Appliances Dishwasher
CoolingType Partially Air Conditioned
HeatingType Other
SizeExterior 2389 Sqft
SizeInterior 2389 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 100 Ft ,1 In
SizeFrontage 17 Ft ,9 In
SizeIrregular Bldg=17.75 X 100.13 Ft
SizeTotalText Bldg=17.75 X 100.13 Ft
ZoningDescription Cr 2.5 (c2.5; R1.0) Ss2 (x1163)

https://www.realtor.ca/real-estate/29043337/899-pape-avenue-toronto-danforth-village-east-york-danforth-village-east-york

Peter Campitelli
Salesperson


Royal LePage Maximum Realty
7694 Islington Avenue, 2nd Floor
Vaughan, Ontario L4L 1W3

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