Space
Finished area and layout
- Building Area
- 2,616 sqft
- Rooms
- 0
+7 more
2,616 sqft
Building Area
29.81 x 0.00 Feet
Lot
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- commercial retail / Mixed Use
Lot
Land, frontage and setting
- Lot
- 29.81 x 0.00 Feet
About This Property
This commercial retail in Toronto offers 2,616 sqft of building area on a 29.81 x 0.00 Feet lot. The property has zoned Commercial/ Residential. The home features yes.
MLS Remarks
Welcome to 582 Danforth Rd. A rare opportunity to acquire a prominent corner-lot, mixed-use investment property in a high-exposure Danforth Avenue 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.
Full Listing Details
Address582 Danforth Road, Toronto, ON M1K 1E3
MLS#E14097196
Listing StatusNew
Property TypeCommercial
Sub-TypeCommercial retail
TransactionSale
List DateOct 20, 2026
Days on Market5
Annual Tax$10,379 (2026)
Possession DetailsFlexible
StyleMixed Use
Total Rooms0
CityToronto
ProvinceOn
Postal CodeM1K 1E3
MLS AreaE04
MLS Sub-AreaToronto E04
Lot Dimensions29.81 x 0.00 Feet
ZoningCommercial/ Residential
CoolingYes
SecurityNo
UtilitiesNone
Annual Tax$10,379 (2026)
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