Connie Huibers - Coldwell Banker Momentum Logo
$1,273,000
( $486.62Per Sq Foot )
 $6,834 est/mo Sourced by Back At You

582 Danforth Road,Toronto E04, ON M1K 1E3

Toronto E04, ON M1K 1E3

Share:

PreviousNext

Description

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.

Details

MLS #E13468194
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site73
Listing Provided ByUNION REALTY BROKERAGE INC. | E13468194 182700

Features

SQ Feet2,616
Acreage0.06

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingYes
Rooms Total0

Exterior

Community FeaturesPublic Transit
Security FeaturesNo

Utilities

UtilitiesNone

Taxes

Tax Annual Amount10379.19
Tax TypeAnnual
Tax Legal DescriptionPlan 2050 Pt Lot 190
Tax Year2025

Area Information

ProvinceON
RegionToronto
CityToronto E04
Postal CodeM1K 1E3
AreaClairlea Birchmount
Listing VS Median (in M1K 1E3)
Price:
$1,273,000
low | high
Med:
$1,273,000
50% of Average
sqft:
2,616
low | high
Med:
2,616
50% of Average
$ / sqft:
$487
low | high
Med:
$487
50% of Average
On site:
73
low | high
Med:
73
100% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Momentum Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

Contact

Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionToronto
CityToronto E04
Postal CodeM1K 1E3
AreaClairlea Birchmount
Listing VS Median (in M1K 1E3)
Price:
$1,273,000
low | high
Med:
$1,273,000
50% of Average
sqft:
2,616
low | high
Med:
2,616
50% of Average
$ / sqft:
$487
low | high
Med:
$487
50% of Average
On site:
73
low | high
Med:
73
100% of Average
Sourced by Back At You
Listing Updated: August 7, 2026 at 1:24:24 PM PDT

Connie Huibers - Coldwell Banker Momentum