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$ 1,269,000
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Pending
899 Pape AVE Toronto E03, ON M4K 3V1
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Pending
Purchase Type For Sale
Municipality Toronto E03
Subdivision Danforth Village-East York
MLS Listing ID E12487260
Annual Tax Amount $9,165
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Toronto
Community Danforth Village-East York
Area Toronto
Zoning CR 2.5 (C2.5; r1.0) SS2 (x1163)
Interior
Cooling Partial
Inclusions 2nd Floor: Fridge, Stove, Dishwasher.
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 17.75
Lot Depth 100.13
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE MAXIMUM REALTY