561-563 Danforth Road
Toronto E04, ON
- 13 bed
- 6 bath
- 12,507 sqft
- Investment
- 317 days on market
Outstanding investment opportunity in a high -demand Scarborough location. Large Purpose-built 6 plex on a wide double driveway lot. Offering 4 spacious 2-bedroom suites and two bright 1-bedroom units. over 6,300 sq ft in total including basement Source: Floorplans). Separately metered for hydro with two high-efficiency furnaces, ample surface parking, and strong rental upside. Close to transit, shopping, and future growth corridors. Ideal for investors or owner-operators seeking sold income with long-term appreciation potential. New front and side entry doors, new roof. Financials and floor plans are on attachments. Tenants to be assumed, no vacant possession
Listing Details
- Taxes (2025)
- $9,351
- Listed
- October 20, 2025
Price History
Listing history
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Property
- Age
- 51-99
- Lot Size
- 107.29 x 126.92 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Danforth Rd & St. Clair Ave E
- Zoning
- RM(au199*204)
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Included
- Inclusions
- 6 stoves, 6 fridges
- Exclusions
- All personal property of Tenants
- Rental Items
- Hot Water Tanks (6)
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area M1K
- Population
- 48,175
- Private dwellings
- 18,687
- Median age
- 40.4
- Average household size
- 2.7
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto E04 · last 12 months
- Median sold price
- $811,500
- Homes sold
- 642
- Median days on market
- 20
- Sale-to-list price
- 99.2%
Based on 642 recorded sales of commercial properties in Toronto E04 over the last 12 months.
Listed by
HARVEY KALLES REAL ESTATE LTD.
Commercial figures
- Building area
- 12,507 sq ft
- Price per sq ft
- $143.91
- Annual property tax
- $9,351
- Tax per sq ft
- $0.75
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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