$1,199,000
582 Danforth Road, Toronto, ON M1K 1E3
Clairlea-Birchmount · E04
Listing courtesy of UNION REALTY BROKERAGE INC.
Clairlea-Birchmount · E04 · M1K 1L6
$1,000,000
$360 / sq ft3 months on market
Exceptional investment opportunity to own a fully tenanted mixed-use commercial/residential property offering immediate cash flow and outstanding long-term appreciation potential. This well-maintained building features a street-level commercial unit and an upper residential apartment, providing a stable and diversified income stream from day one. Ideally located on the high-exposure St. Clair Ave E corridor, the property enjoys excellent visibility, strong pedestrian and vehicle traffic, convenient public transit, and easy access to major roadways, shopping, restaurants, and everyday amenities. Currently generating approximately $6,900/month in rental income plus TMI paid by the commercial tenant, the property includes a residential unit leased at $3,000/month and a commercial unit leased at $3,900 gross rent per month. A turnkey, income-producing asset offering reliable cash flow, excellent tenant stability, and exceptional long-term investment potential in one of Toronto's vibrant and growing neighborhoods.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 46% of comparable retail listings in Clairlea-Birchmount are asking less.
Based on 13 comparable active retail listings in Clairlea-Birchmount. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,000,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REALTRON REALTY INC.. 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.
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$1,199,000
Clairlea-Birchmount · E04
Listing courtesy of UNION REALTY BROKERAGE INC.
$873,600
Clairlea-Birchmount · E04
Listing courtesy of COLLIERS