2558 DANFORTH AVENUE
Toronto (East End-Danforth), Ontario
MLS® E13730448
$6,995,000
- Status
- Active
- Property type
- Retail
- MLS® number
- E13730448
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 4Listing description
Once-in-a-generation investment or user opportunity to acquire a prime 45 ft x 125 ft corner property at Danforth Ave and Main St. This 100% commercial mixed-use, 2-storey building features a generous 4,317 SF floor plate per level across 3 floors (including a lower level with 2,363 SF finished), offering approx. 11,000 SF of Gross Leasable Area with zero residential units, stable in-place cash flow, and significant immediate upside.
The main floor retail features Main Drug Mart, alongside a walk-in medical clinic, bakery café, and shawarma restaurant, while upper and lower levels feature office/service-based uses including dental, lawyer and more. Additional revenue stream from 2 high-visibility rooftop billboards and convenience of 6 parking spaces off the rear municipal lane. Backing directly onto Main Street Subway Station and steps to Danforth GO Station, this asset sits in a rapidly intensifying node with over 10,000 proposed/under-construction units nearby, plus future development potential if further assembled.
Property summary
- MLS® number
- E13730448
- Property type
- Retail
- Size
- 11,000 sq ft
- Land size
- 45 x 125 FT
- Annual property taxes
- $42,564.86
- Parking
- 6 spaces
- Days on market
- 44 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $6,995,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE ESTATE REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.