For Sale - 582 Danforth Road, Toronto, Ontario

Est payment $6,113/mo
Views   2
Time on Jump  61 day
  • 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. Do not approach aaa existing tenants. Information only through listing agent & showings through la only.
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
ASAP

Thu

20

Aug

Fri

21

Aug

Sat

22

Aug

Sun

23

Aug

Mon

24

Aug

Tue

25

Aug

Wed

26

Aug

Thu

27

Aug

Fri

28

Aug

Sat

29

Aug

Sun

30

Aug

Mon

31

Aug

Tue

1

Sep

Wed

2

Sep

Thu

3

Sep

Fri

4

Sep

Sat

5

Sep

Sun

6

Sep

Mon

7

Sep

Tue

8

Sep

Wed

9

Sep

Thu

10

Sep

Fri

11

Sep

Sat

12

Sep

Sun

13

Sep

Mon

14

Sep

Tue

15

Sep

Wed

16

Sep

Thu

17

Sep

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

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.

Hospital
Parks
Schools
Place of Worship
Please select an amenity above to view a list.

Recommended Properties

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