Premier investment property in the heart of Toronto's vibrant Danforth Avenue. This rarely available, fully leased mixed use commercial building offers stable income in one of the city's most established and highly sought after neighbourhoods. Situated on a prominent stretch of Danforth with exceptional pedestrian traffic and outstanding visibility, the property is just steps from Broadview Subway Station, minutes to the Don Valley Parkway, and offers quick access to downtown Toronto. The ground floor is occupied by a long established and well regarded bakery that has been serving the local community for well over a decade, providing a strong and dependable retail presence. The fully occupied second floor space (Law Office) has been recently renovated with new skylights, updated flooring, renovated washrooms, and an upgraded HVAC system. Rear parking adds further value and convenience for tenants. This is an outstanding opportunity for investors seeking a turnkey, income producing asset in a high demand location with excellent transit connectivity, a thriving local business community, and strong long term investment potential.
Address
173 Danforth Avenue
List Price
$1,999,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto E01
Sub-Area
North Riverdale
Region
Toronto
Lot Depth
121
Lot Type
Building
Lot Size Units
Feet
Lot Width
18.91
Parcel Number
210640260
Total Building Area
2654
Occupant Type
Tenant
Cross Street
Danforth & Broadview Ave
MLS® Number
E13596554
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Basement
Yes
Postal Code
M4K 1N2
Posession Details
TBA
Parking Spaces
4
Tax Amount
$28,903.31
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
Outside/Surface
Tax Legal Description
PT LT 2 PL 62E TORONTO AS IN CT491984; CITY OF TORONTO
Security Features
No
Sewer
Sanitary+Storm