2558 Danforth Avenue, Toronto, ON M4C 1L3
East End-Danforth · E02 · M4C 1L3
$6,995,000
$636 / sq ft2 months on market
- Total area
- 11,000 sf
- Lot
- 45 × 125 ft
- Age
- 100+ years
What's special
- Yes
About this property
Once-in-a-generation investment or user opportunity to acquire a prime 45 ft x 125 ft corner property at Danforth Ave and Main St. This 100% commercial mixed-use, 2-storey building features a generous 4,317 SF floor plate per level across 3 floors (including a lower level with 2,363 SF finished), offering approx. 11,000 SF of Gross Leasable Area with zero residential units, stable in-place cash flow, and significant immediate upside. The main floor retail features Main Drug Mart, alongside a walk-in medical clinic, bakery café, and shawarma restaurant, while upper and lower levels feature office/service-based uses including dental, lawyer and more. Additional revenue stream from 2 high-visibility rooftop billboards and convenience of 6 parking spaces off the rear municipal lane. Backing directly onto Main Street Subway Station and steps to Danforth GO Station, this asset sits in a rapidly intensifying node with over 10,000 proposed/under-construction units nearby, plus future development potential if further assembled.
Property details
Property
- Property type
- retail
- Interior size
- 11,000 sq ft
- Year built
- 100+
- Lot size
- 45 × 125 ft
- Zoning
- CR 3.0 (c2.0; r2.5) SS2 (x2219)
- Possession
- TBA
Interior
- Heating
- Baseboard
- Cooling
- Yes
Costs
- List price
- $6,995,000
- Property taxes
- $42,565 / year (2025)
- Price per sq ft
- $636
Listing
- MLS® number
- E13730448
- Status
- For sale
- Listed
- September 1, 2026
- Days on market
- 65
- Last updated
- September 1, 2026
- Listing brokerage
- ROYAL LEPAGE ESTATE REALTY
Price & sale history
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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 above most comparable listings — about 96% of comparable retail listings in Toronto are asking less.
- This home
- $636 / sq ft
- Comparable median
- $665 / sq ft
Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $30,941.24
- Property tax (est.)
- $3,547.07
- Estimated monthly
- $34,488
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
- $161,350
- Toronto municipal
- $251,200
- Total due on closing
- $412,550
An estimate on the asking price of $6,995,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE ESTATE REALTY. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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