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For saleMLS® E13886782

783 Danforth Avenue, Toronto, ON M4J 1L2

Blake-Jones · E01 · M4J 1L2

$2,300,000

$563 / sq ft

3 weeks on market

Bathrooms
7
Total area
4,087 sf
Lot
19.69 × 117.41 ft

What's special

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About this property

Exceptional 6.3 CAP turn-key mixed-use investment opportunity in the heart of Toronto's vibrant Danforth corridor! 783 Danforth Avenue offers an impressive combination of commercial and residential income with six distinct income-producing components.The property features an established long term main-floor restaurant, lower-level retail space and four spacious two-bedroom apartments across the upper two levels. Three of the four apartments have been renovated, providing attractive, updated living spaces with strong rental appeal. All units are separately hydro metered, helping reduce landlord expenses and simplify management.Ideally positioned on a high-visibility stretch of Danforth Avenue with strong pedestrian and vehicular traffic, the property benefits from excellent transit access and is surrounded by established restaurants, shops, services and neighbourhood amenities.An outstanding opportunity for investors seeking diversified income from both commercial and residential tenancies, with the added potential to further enhance revenue and long-term value. A compelling addition to any real estate portfolio in one of Toronto's most established mixed-use corridors.

Property details

Property

Property type
retail
Bathrooms
7
Interior size
4,087 sq ft
Lot size
19.69 × 117.41 ft
Zoning
Cr3(C2.5;R2.5)Ss(X2426)
Possession
60-89 days

Interior

Heating
Gas Hot Water
Cooling
Partial

Costs

List price
$2,300,000
Property taxes
$16,854 / year (2025)
Price per sq ft
$563
Rental items
Hot Water Tanks

Listing

MLS® number
E13886782
Status
For sale
Listed
October 12, 2026
Days on market
23
Last updated
October 12, 2026
Listing brokerage
INTERNATIONAL REALTY FIRM, INC.

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 in line with comparable listings — about 72% of comparable retail listings in Toronto are asking less.

$379KMedian $1.40M$3.90M
This home
$563 / 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

Down payment20.0% · minimum $460,000
$460,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$10,173.68
Property tax (est.)
$1,404.50
Estimated monthly
$11,578

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
$43,975
Toronto municipal
$43,975
Total due on closing
$87,950

An estimate on the asking price of $2,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of INTERNATIONAL REALTY FIRM, 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.

$2,300,000

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Comparable sales nearby

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783 Danforth Avenue, Toronto, ON M4J 1L2 For Sale — $2,300,000