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2035-2039 Danforth Av 7,257 SF 100% Leased Retail Building Toronto, ON M4C 1J8 $2,515,271 USD ($346.60 USD/SF) 4.64% Cap Rate


INVESTMENT HIGHLIGHTS
- Double Frontage – 37 FT on High-Traffic Danforth Ave.
- Prime Transit-Oriented Location – Steps to Woodbine Subway Station.
- Significant NOI from 5 Residential Units + 2 Fully Leased Retail Tenants.
EXECUTIVE SUMMARY
2035 & 2039 Danforth Avenue present a rare opportunity to acquire two contiguous mixed-use properties with corner exposure in one of Toronto’s most
rapidly evolving urban corridors. Located just steps from both Woodbine and Main Street TTC stations and minutes to Danforth GO, the properties are
ideally positioned within a high-traffic, transit-oriented environment primed for sustained growth. The site benefits from dual frontage and sits within a City-designated growth and intensification area, surrounded by active mid-rise development, enhanced public realm plans, and supportive zoning. Both commercial and residential components are currently under-leased, offering immediate income upside through strategic lease renegotiations or repositioning.
Whether held for stable cash flow, repositioned for stronger yields, or assembled for future redevelopment, this asset is uniquely suited for investors seeking long-term upside in a gentrifying, transit-connected location.
rapidly evolving urban corridors. Located just steps from both Woodbine and Main Street TTC stations and minutes to Danforth GO, the properties are
ideally positioned within a high-traffic, transit-oriented environment primed for sustained growth. The site benefits from dual frontage and sits within a City-designated growth and intensification area, surrounded by active mid-rise development, enhanced public realm plans, and supportive zoning. Both commercial and residential components are currently under-leased, offering immediate income upside through strategic lease renegotiations or repositioning.
Whether held for stable cash flow, repositioned for stronger yields, or assembled for future redevelopment, this asset is uniquely suited for investors seeking long-term upside in a gentrifying, transit-connected location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,257 SF
Building Class
C
Year Built
1930
Price
$2,515,271 USD
Price Per SF
$346.60 USD
Cap Rate
4.64%
NOI
$116,823 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.85
Lot Size
0.09 AC
Zoning
CR - Commercial/Residential
Parking
4 Spaces (0.55 Spaces per 1,000 SF Leased)
Frontage
54’ on Danforth Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (85)
Bike Score®
Very Bikeable (85)
NEARBY MAJOR RETAILERS
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Research In Progress
2035-2039 Danforth Av
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