For Sale - 1338 Danforth Avenue, Toronto, Ontario

Est payment $7,923/mo
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Time on Jump  1 day
  • Mixed-use property offers commercial rental income and a spacious three-bedroom upper apartment.
  • Separate entrances support flexible residential and commercial use.
  • Commercial space includes a large basement with additional usable space.
  • Upper apartment features a full kitchen, family room, dining area, and renovated bathroom.
  • Deck, rear laneway access, and private garage parking add convenience.



Attention investors, builders & owner-users! Exceptional mixed-use investment opportunity on vibrant danforth ave between greenwood and coxwell, steps to greenwood ttc subway, shops, restaurants and everyday amenities. Enjoy commercial rental income from the tenant-occupied main floor and basement, with additional income potential from the spacious second-floor residence. Separate commercial and residential entrances provide flexibility for investors, business operators and multi-generational living. The approx. 1464 sq. Ft. 1st floor + 1270 sq. Ft. Of basement is configured for retail/office use, featuring a 3-piece washroom, shelving and desks. A large basement offers additional usable space, a basic kitchen and washroom rough-in. The approx. 914sq. Ft. Upper apartment offers 3 bedrooms, a family room, dining area, full kitchen and renovated 3-piece bathroom. Bamboo flooring, lg stove, whirlpool refrigerator and washer/dryer hookups in the third-bedroom closet add everyday convenience. Lease the entire 3-bedroomapartment or explore individual room-rental possibilities, subject to applicable requirements. Notable improvements include an upgraded electrical panel (approx. 5 years ago), roof (approx. 5 years ago), deck (approx. 3 years ago), windows, doors and skylight (approx. 2 years ago),basement drain piping replaced with pvc in 2026. Enjoy an outdoor deck, rear laneway access, aprivate garage parking space and an owned hot water tank. Builders & developers: envision abrand-new mixed-use residential building with street-level retail in a sought-after urbancorridor, subject to required approvals. Great visibility and convenient front and rear accessin the heart of danforth village with strong neighbourhood appeal. A compelling opportunity tocollect rental income, establish a business below your residence or pursue a new developmentvision along one of toronto's established east-end commercial streets.
Listing IDE14176626
Address1338 Danforth Avenue
CityToronto, Ontario
Price$1,650,000
StyleCommercial Retail
Land Size1829.86
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air Closed
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Listing Brokerage: KELLER WILLIAMS REFERRED URBAN REALTY

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1338 Danforth Avenue
Toronto , Ontario
$1,650,000
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