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For saleMLS® E12298665

1339 Danforth Road, Toronto, ON M1J 1G7

Eglinton East · E08 · M1J 1G7

$2,500,000

$154 / sq ft

15 months on market

Interior
16,248 sf
Lot
154.22 × 0 ft

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About this property

THIS SITE IS BEING OFFERED under POWER OF SALE. Exceptional residential development opportunity at the corner of Danforth Road & Savarin Street. The Site is ideally configured for development with16,253 sq. ft. (0.373 ac) of land, including 154 feet of frontage on Danforth Road. The City of Toronto's Official Plan designates the Property as "Neighbourhoods", offering developers the flexibility to build a variety of housing types. Immediately adjacent to local retail plazas and close proximity to Eglinton GO Station. Property Tax amount is an estimate only. Actual amount to be confirmed. THIS IS AN "AS IS" SALE AND PURCHASER TO SATISFY ITSELF AS TO CONDITION AND CHARACTERISTICS OF THE PROPERTY, including status of the site plan and survey. MEASUREMENTS BASED ON GEOWAREHOUSE.

Property details

Property

Property type
vacant land
Interior size
16,248 sq ft
Zoning
CL0.33*173
Possession
TBD

Exterior & services

Sewer
Sanitary+Storm Available

Costs

List price
$2,500,000
Property taxes
$25,929 / year (2025)
Price per sq ft
$154

Listing

MLS® number
E12298665
Status
For sale
Listed
July 21, 2025
Days on market
471
Last updated
July 8, 2026
Listing brokerage
CBRE LIMITED

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 69% of comparable vacant land listings in Toronto are asking less.

$1Median $1.37M$6.55M
This home
$154 / sq ft
Comparable median
$251 / sq ft

Based on 96 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $500,000
$500,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,058.34
Property tax (est.)
$2,160.75
Estimated monthly
$13,219

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$48,975
Toronto municipal
$48,975
Total due on closing
$97,950

An estimate on the asking price of $2,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,500,000

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