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    For Sale - 582 Danforth Road, Toronto, Ontario

    Est payment $6,113/mo
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    Views   2
    Time on Jump  11 day

    AI Summary *

    • Prominent corner-lot property with high exposure on Danforth Avenue.
    • Three fully leased commercial units providing diverse income streams.
    • Newly renovated two-bedroom apartment ready for immediate leasing.
    • Recent upgrades to electrical, HVAC, and roofing systems.
    • Strong potential for immediate cash flow and future appreciation.




    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.
    Listing IDE13468194
    Address582 Danforth Road
    CityToronto, Ontario
    Price$1,273,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Public TransitHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  UNION REALTY BROKERAGE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    582 Danforth Road
    Toronto , Ontario
    $1,273,000
    Get more info