510-512 Danforth Ave 2,841 SF 100% Leased Retail Building Toronto, ON M4K 1P6 $2,876,042 USD ($1,012.33 USD/SF)

INVESTMENT HIGHLIGHTS

  • Access to public transit and highway
  • High exposure location
  • Retail amenities nearby

EXECUTIVE SUMMARY

Location Location Location!! Prime Mixed Use Building In The Heart Of The Danforth's Greek Town. First Time Being Offered For Sale By Original Owners. Tons Of Upside Potential For This Clean & Well Maintained Building On The North Side Of Danforth!. 3 Full Stories Featuring AAA Tenants & Income On All Floors. Beautiful And Clean Storefront Which Has Been Completely Renovated And Upgraded Over The Years By Huge Brand Name Tenants Such As Bell & Flight Centre In the Past. 3 Bedrooms and 1 Washroom On Both Second And Third Floors! All Units Have Separate Meters Including The Retail Store. Solid Foundation, Basement Of The Building Has Been Completely Waterproofed In Recent Years Along With A New Sump Pump Install. Roof Has Been Done And Is In Great Shape. Ample 3 Spot Parking In Rear Of The Building. This Building Has a Fantastic And Clean Reputation Within The Community, Tenants, And Once Again It's Unbeatable Location! Massive Potential For Redevelopment In the Immediate Future If So Desired. Possible Land Assembly With Adjacent Properties! VTB With Favourable Terms Will Also Be Considered. Possibilities Are Endless On This One

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,841 SF
Building Class
C
Year Built
1931
Price
$2,876,042 USD
Price Per SF
$1,012.33 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.30
Lot Size
0.05 AC
Zoning
CR 3.0(c2.5;r2.5)SS2(x242 - Commercial
Frontage
37’ on Danforth Ave
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (97)
Bike Score®
Very Bikeable (83)

NEARBY MAJOR RETAILERS

Tim Hortons
Starbucks
TD Canada Trust
CIBC
Wimpy's Diner
Osmow's
Mr. Greek
Scotiabank
Royal Bank of Canada
Second Cup Cafe
  • Listing ID: 35581648

  • Date on Market: 4/22/2025

  • Last Updated:

  • Address: 510-512 Danforth Ave, Toronto, ON M4K 1P6