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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
2700 sq. ft. Square Feet
Total Area:
2,700 sq. ft.251 m2
Retail Area:
1353 sq. ft. Sq Ft
Office/Apt Area:
1353 sq. ft. Sq Ft
Lot Depth:
120'36.6 m
Lot Frontage:
16'4.88 m
Bathrooms:
5.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Parking Spaces:
2
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$34,858 /
2025
Assessment:
$- /
-
Toronto
Toronto E03
Playter Estates-Danforth
Public Transit, Subways
Yes
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Oct 18, 2025
Original Price:
$2,389,000
Photo 1 of 24
Main Floor Restaurant
Main Floor Restaurant
Main Floor Restaurant
2nd Floor Staircase
2nd Floor Hallway
2nd Floor Bathroom
2nd Floor Office
2nd Floor Office
2nd Floor Office
2nd Floor Office
2nd Hallway
2nd Hallway
2nd Floor Office
2nd Hallway
2nd Floor Office
Basement restaurant hallway to bathrooms
Basement
Electrical room
Rooftop H-VAC System
Back Parking Spaces
Photo 22 of 24
Photo 23 of 24
Photo 24 of 24
Listed by RE/MAX REALTRON REALTY INC.
Data was last updated October 19, 2025 at 03:15 PM (UTC)
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