2777 Danforth Ave, Toronto, ON

Own your corner. 2777 Danforth Avenue & 31 Dawes Road (both lots sold together) offers an owner-user, investors, and developers the rare ability to occupy a prominent ground-floor commercial space on Danforth Avenue while collecting income from five individual residential rental units on the second floor, all on a single freehold, corner-positioned lot. The Property comprises two freestanding buildings totalling 7,451 SF above grade on a 9,785 SF lot (0.192 ac) with 67-109 ft of combined street frontage and large private parking. Zoned CR 3.0, the Property supports a wide range of commercial uses as-of-right. For buyers with a medium-to-long term horizon, the site sits within the provincially designated MTSA boundary. The site benefits from mandated density permissions of FSI 6.0+ and building heights up to 20 storeys- ideal for future missing middle, laneway, or high-rise intensification. Legal Description for 31 Dawes Road: PT LT 22 PL 748 TORONTO (EAST TORONTO); PT LT 23 PL 748 TORONTO (EAST TORONTO); PT LT 24 PL 748 TORONTO (EAST TORONTO); PT LT 25 PL 748 TORONTO (EAST TORONTO); PT LT 26 PL 748 TORONTO (EAST TORONTO) AS IN CT200654; TORONTO , CITY OF TORONTO