582 Danforth RD, Toronto E04, ON M1K 1E3
582 Danforth RD, Toronto E04, ON M1K 1E3
582 Danforth RD, Toronto E04, ON M1K 1E3
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Christine Domina

Christine Domina

+1(416) 873-4747
$1,199,000
Est. payment /mo
2,616 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,616 sqft

Price per Sqft $458

Municipality Toronto E04

Subdivision Clairlea-Birchmount

MLS Listing ID E14097196

Annual Tax Amount $10,379

Tax Year 2026

Property Sub-Type Commercial Retail

Property Description

Welcome to 582 Danforth Rd. A rare opportunity to acquire a prominent corner-lot, mixed-use investment property in a high-exposure Danforth Rd location, offering an attractive 6.00% cap rate and multiple income streams. This well-maintained asset features three fully leased commercial units, one additional flexible-use/storage space, one newly renovated vacant two-bedroom residential apartment ready to be leased at market rent, billboard income, and on-site parking, providing immediate cash flow with excellent upside potential. Positioned in a high-visibility corridor with exceptional pedestrian and vehicle traffic, the property benefits from outstanding street presence and long-standing commercial tenancy. Recent capital improvements include extensive renovations, upgraded electrical service, a new HVAC system, and replacement of all flat roofs within the past five years, reducing future capital expenditures. Offering stable income today, immediate leasing upside, and future redevelopment potential, this is an exceptional opportunity for investors seeking a turnkey, income-producing asset in a prime Toronto location with long-term appreciation potential. Do not approach AAA existing tenants. Information only through listing agent & showings through LA only.

Location

Province ON

County Toronto

Community Toronto E04

Area Toronto

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available None

Lot Frontage 29.81

Lot Depth 124.45

Others

Security Features No

ParcelsYN No

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Listed by UNION REALTY BROKERAGE INC.

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor License ID: 9603994

Realtor License ID: 9603994

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