$2,450,000
1299 Danforth Avenue, Toronto E01, ON M4J 1M8
Beds
Baths
Parking
Welcome to 1299 and 1301 Danforth Ave .This corner property is a rare turnkey investment opportunity offering strong cash flow with great cap rate in one of Toronto's most vibrant and transit-oriented corridors, directly across from Toronto Subway Greenwood Station. Close to 400K spend in renovation during past recent year to upgrade and improve the building and property is currently in excellent shape without requiring any budget for improvement. This fully income-producing mixed-use property features a prominent ground-floor commercial space with basement level occupied by an established restaurant tenant, along with an additional private office area in the basement ideal for owner use, professional office space, or potential supplementary income. The property also includes four fully furnished residential apartments comprised of two bachelor suites and two one-bedroom units, all currently leased and generating stable rental income. An additional rooftop billboard lease provides bonus monthly income under a flexible month-to-month agreement. Surrounded by thriving retail, restaurants, parks, schools, and everyday amenities, this exceptional asset combines immediate income stability, future upside potential, and outstanding exposure in the heart of the Danforth.Please ask the listing agent for full financials.Recent upgrades :New roof,New Heat pumps,New professional hood for restaurant, updated bathrooms,Meters are currently not separated but fees have been paid to Hydro for separate meters to be installed.

Property Summary

Property Type Commercial
Property Sub Type Store W Apt/Office
Transaction Type For Sale
Possession TBD

Building

Building Type Store W Apt/Office
Square Footage 3000
Building Area Units Square Feet
Heating Gas Forced Air Closed
Cooling Yes

Measurements

Lot Size 17.48 x 100
Lot Size Units Feet
Frontage 17.48
Depth 100
Total Living Area 3000

Land

Address 1299 Danforth Avenue, Toronto E01, ON M4J 1M8
City Toronto E01
Community Greenwood-Coxwell
County / Area Toronto
Cross Street Danforth Ave and Pape
Parcel Number 210330210

Parking and Garage

Garage Type None

Taxes and Listing Info

List Price $2,450,000
Annual Taxes $12,045
Tax Year 2025
Status Active
Listing Date 2026-05-26T21:39:10Z
Updated 2026-05-26T21:39:10Z
MLS Number E13177628
Local Market Insight

What Buyers Should Know About 1299 Danforth Avenue, Toronto E01, ON M4J 1M8

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

1299 Danforth Avenue, Toronto E01, ON M4J 1M8 is positioned in Greenwood-Coxwell, a part of Toronto E01 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Store W Apt/Office, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Store W Apt/Office should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Danforth Ave and Pape, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $2,450,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 17.48 x 100, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto E01, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Greenwood-Coxwell. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 1299 Danforth Avenue, Toronto E01, ON M4J 1M8, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.