$1,398,880
777 Warden Avenue 102 & 102A, Toronto, ON M1L 4C3
Clairlea-Birchmount · E04
Listing courtesy of COLLIERS
Clairlea-Birchmount · E04 · M1K 1E3
$1,199,000
$458 / sq ft2 weeks on market
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.
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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 54% 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 $1,199,000. 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.
What similar homes in this area actually sold for.
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$1,398,880
Clairlea-Birchmount · E04
Listing courtesy of COLLIERS
$1,000,000
Clairlea-Birchmount · E04
Listing courtesy of RE/MAX REALTRON REALTY INC.