view of commercial location Features: commercial view More Photos

×

    For Sale - 588 Danforth Avenue, Toronto, Ontario

    Est payment $11,472/mo
    Get pre-qualified
    Views   1
    Time on Jump  2 day

    AI Summary *

    • Turn-key commercial building in a bustling Danforth location, great for investors.
    • Fully renovated three-level property with long-term, stable tenants in place.
    • Main floor features a franchise restaurant with strong lease terms.
    • Upgraded systems including 400 AMP hydro service and new plumbing throughout.
    • Two parking spaces and five washrooms for added convenience and functionality.




    Turn-key investment opportunity on danforth avenue, just one block west of pape avenue in the heart of toronto's vibrant danforth community. This fully renovated and extended three-level commercial building (with an approximately 37 ft addition completed in 2011) offers a stable, income-generating opportunity with excellent long-term tenants. The main floor features a franchise restaurant with a strong lease in place with 2 extensions, where the tenant pays for property taxes, insurance, utilities, and maintenance, with the owner covering a modest balance of approximately $1,000 per month. The upper level is occupied by reputable professional businesses, contributing to a polished, business-friendly atmosphere. The property has been upgraded throughout, including a 400 amp / 3-phase hydro service with complete rewiring of the entire building, there are two separate heated basements each with its own washroom, individual electrical panels for each unit, a new plumbing system installed for the entire building with new apex water lines, new fixtures & new drains., new floor joists & subfloors on the entire second floor, with installed & insulated with fire proof & sound proof insulation. Additional highlights include two central air conditioning and heating systems (one per floor), a total of five washrooms, and two parking spaces at the rear. A truly turn-key property requiring no repairs, ideally suited for investors seeking a prime commercial asset in a high-traffic, high-visibility danforth location.
    Listing IDE12941870
    Address588 Danforth Avenue
    CityToronto, Ontario
    Price$2,389,000
    Bath5 Full
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public Transit, SubwaysBasement 1Heating / Cooling Gas Forced Air Open

    ASAP

    Fri

    3

    Apr

    Sat

    4

    Apr

    Sun

    5

    Apr

    Mon

    6

    Apr

    Tue

    7

    Apr

    Wed

    8

    Apr

    Thu

    9

    Apr

    Fri

    10

    Apr

    Sat

    11

    Apr

    Sun

    12

    Apr

    Mon

    13

    Apr

    Tue

    14

    Apr

    Wed

    15

    Apr

    Thu

    16

    Apr

    Fri

    17

    Apr

    Sat

    18

    Apr

    Sun

    19

    Apr

    Mon

    20

    Apr

    Tue

    21

    Apr

    Wed

    22

    Apr

    Thu

    23

    Apr

    Fri

    24

    Apr

    Sat

    25

    Apr

    Sun

    26

    Apr

    Mon

    27

    Apr

    Tue

    28

    Apr

    Wed

    29

    Apr

    Thu

    30

    Apr

    Fri

    1

    May

    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:  RE/MAX REALTRON REALTY 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

    5351 Forest Ridge Drive
    Mississauga, Ontario.
    7 Beds | 5 Baths
    $3,169,000
    182 Windhurst Drive
    Barrhaven, Ontario.
    3 Beds | 3 Baths
    $669,000
    219 Corrie Crescent
    Waterloo, Ontario.
    5 Beds | 4 Baths
    $1,599,999
    9 Skebo Lane
    Horton, Ontario.
    3 Beds | 2 Baths
    $879,000
    234 Oshawa Blvd Boulevard
    Oshawa, Ontario.
    5 Beds | 4 Baths
    $929,900
    325 Grantham Avenue
    St. Catharines, Ontario.
    4 Beds | 2 Baths
    $634,999
    17 Lenthall Avenue
    Toronto, Ontario.
    6 Beds | 5 Baths
    $899,900
    127 Pine Tree Harbour Road
    Northern Bruce Peninsula, O…
    3 Beds | 3 Baths
    $1,395,000
    740 Robertson Crescent
    Milton, Ontario.
    4 Beds | 3 Baths
    $1,279,000
    Loading...
    588 Danforth Avenue
    Toronto , Ontario
    5 $2,389,000
    Get more info