$1,273,000
Available - For Sale
Listing ID: E13468194
582 Danforth Road , Toronto, M1K 1E3, Toronto
| 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. |
| Price | $1,273,000 |
| Taxes: | $10379.19 |
| Tax Type: | Annual |
| Occupancy: | Partial |
| Address: | 582 Danforth Road , Toronto, M1K 1E3, Toronto |
| Postal Code: | M1K 1E3 |
| Province/State: | Toronto |
| Legal Description: | Plan 2050 Pt Lot 190 |
| Directions/Cross Streets: | Kennedy & Danforth |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Retail |
| Building Percentage: | F |
| Total Area: | 2616.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| UNION REALTY BROKERAGE INC. |
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416-417-2400
Bus:
416-800-1998
Fax:
1-866-530-2680
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto E04 |
| Neighbourhood: | Clairlea-Birchmount |
| Style: | |
| Lot Size: | x 124.45(Feet) |
| Approximate Age: | |
| Tax: | $10,379.19 |
| Maintenance Fee: | $0 |
| Beds: | 0 |
| Baths: | 0 |
| Garage: | 0 |
| Fireplace: | N |
| Air Conditioning: | |
| Pool: |
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