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635 Danforth Ave 24,110 SF Retail Building Toronto, ON M4K 1R2 For Sale


INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a core, single-tenanted asset in the heart of Toronto’s highly sought-after Greektown corridor.
- Positioned along the high-traffic Danforth strip, offering exceptional visibility and consistent pedestrian flow.
- Fully leased to a AAA-covenant tenant, delivering secure, predictable, and long-term income stability.
- Immediately accessible to TTC transit, enhancing daily footfall and overall accessibility for the tenant and surrounding community.
EXECUTIVE SUMMARY
635 Danforth Avenue offers investors a rare opportunity to acquire a core, single-tenanted asset in the heart of Toronto’s iconic Greektown, one of the city’s most established and high-performing main street corridors.
The property is fully leased to a AAA-covenant tenant, providing secure and predictable income in a location defined by long-term demand and limited supply.
Positioned along the high-traffic Danforth strip, the asset benefits from exceptional visibility, steady pedestrian activity, and immediate access to TTC transit. This stretch of Danforth is characterized by strong retail fundamentals, dense surrounding residential populations, and a vibrant mix of long-standing businesses that reinforce the corridor’s resilience.
The building presents investors with hands-off ownership backed by a strong tenant covenant and a proven location. Ownership turnover along this section of the Danforth is exceptionally rare, making this an attractive opportunity for buyers seeking capital preservation, income security, and exposure to one of Toronto’s most recognizable urban retail nodes. Situated within a culturally rich and consistently visited neighbourhood, 635 Danforth Avenue combines the stability of a long-term lease with the enduring appeal of an irreplaceable main
street location.
The property is fully leased to a AAA-covenant tenant, providing secure and predictable income in a location defined by long-term demand and limited supply.
Positioned along the high-traffic Danforth strip, the asset benefits from exceptional visibility, steady pedestrian activity, and immediate access to TTC transit. This stretch of Danforth is characterized by strong retail fundamentals, dense surrounding residential populations, and a vibrant mix of long-standing businesses that reinforce the corridor’s resilience.
The building presents investors with hands-off ownership backed by a strong tenant covenant and a proven location. Ownership turnover along this section of the Danforth is exceptionally rare, making this an attractive opportunity for buyers seeking capital preservation, income security, and exposure to one of Toronto’s most recognizable urban retail nodes. Situated within a culturally rich and consistently visited neighbourhood, 635 Danforth Avenue combines the stability of a long-term lease with the enduring appeal of an irreplaceable main
street location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
24,110 SF
Building Class
B
Year Built
1948
Tenancy
Single
Building Height
2 Stories
Building FAR
1.55
Lot Size
0.36 AC
Zoning
CR 3.0 - Commercial Residential 3.0
Frontage
29’ on Danforth Ave
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (93)
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
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635 Danforth Ave
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