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For saleMLS® E14097196

582 Danforth Road, Toronto, ON M1K 1E3

Clairlea-Birchmount · E04 · M1K 1E3

$1,199,000

$458 / sq ft

2 weeks on market

Total area
2,616 sf
Lot
29.81 × 124.45 ft

What's special

  • Visitor garage
  • Yes

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About this property

Welcome to 582 Danforth Rd. A rare opportunity to acquire a prominent corner-lot, mixed-use investment property in a high-exposure Danforth Rd location, offering an attractive 6.00% cap rate and multiple income streams. This well-maintained asset features three fully leased commercial units, one additional flexible-use/storage space, one newly renovated vacant two-bedroom residential apartment ready to be leased at market rent, billboard income, and on-site parking, providing immediate cash flow with excellent upside potential. Positioned in a high-visibility corridor with exceptional pedestrian and vehicle traffic, the property benefits from outstanding street presence and long-standing commercial tenancy. Recent capital improvements include extensive renovations, upgraded electrical service, a new HVAC system, and replacement of all flat roofs within the past five years, reducing future capital expenditures. Offering stable income today, immediate leasing upside, and future redevelopment potential, this is an exceptional opportunity for investors seeking a turnkey, income-producing asset in a prime Toronto location with long-term appreciation potential. Do not approach AAA existing tenants. Information only through listing agent & showings through LA only.

Property details

Property

Property type
retail
Interior size
2,616 sq ft
Lot size
29.81 × 124.45 ft
Zoning
Commercial/ Residential
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Visitor

Costs

List price
$1,199,000
Property taxes
$10,379 / year (2026)
Price per sq ft
$458
Rental items
Hot Water Tank

Listing

MLS® number
E14097196
Status
For sale
Listed
October 20, 2026
Days on market
16
Last updated
October 25, 2026
Listing brokerage
UNION REALTY BROKERAGE INC.

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 54% of comparable retail listings in Clairlea-Birchmount are asking less.

$357KMedian $1M$2.76M
This home
$458 / sq ft
Comparable median
$575 / sq ft

Based on 13 comparable active retail listings in Clairlea-Birchmount. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.9% · minimum $94,900
$94,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,104.76
Property tax (est.)
$864.93
Estimated monthly
$6,970

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
$20,455
Toronto municipal
$20,455
Total due on closing
$40,910

An estimate on the asking price of $1,199,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of UNION REALTY BROKERAGE 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.

$1,199,000

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