2558 Danforth Avenue, Toronto (East End-Danforth), Ontario, M4C1L3



$6,995,000
Toronto
This retail property in Toronto is for sale offering roughly 11,000 sq ft of space.
Once-in-a-generation investment or user opportunity to acquire a prime 45 ft x 125 ft corner property at Danforth Ave and Main St. This 100% commercial mixed-use, 2-storey building features a generous 4,317 SF floor plate per level across 3 floors (including a lower level with 2,363 SF finished), offering approx. 11,000 SF of Gross Leasable Area with zero residential units, stable in-place cash flow, and significant immediate upside. The main floor retail features Main Drug Mart, alongside a walk-in medical clinic, bakery café, and shawarma restaurant, while upper and lower levels feature office/service-based uses including dental, lawyer and more. Additional revenue stream from 2 high-visibility rooftop billboards and convenience of 6 parking spaces off the rear municipal lane. Backing directly onto Main Street Subway Station and steps to Danforth GO Station, this asset sits in a rapidly intensifying node with over 10,000 proposed/under-construction units nearby, plus future development potential if further assembled. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Toronto (East End-Danforth) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $6,995,000, about 84.3× the local median household income of $83,000.
Carrying it typically needs a household income of about $1,366,368 (20% down, 25-yr amortization, stress-tested) — roughly 1546% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4C)
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