2766 Danforth Avenue
Toronto E03, ON
- 5,000 sqft
- Store W Apt/Office
- 217 days on market
Rare opportunity to make 240k annually and acquire a prime income-producing asset on Danforth Avenue offering strong, stable cash flow with redevelopment upside. This building is larger than you think with an addition at the back added years ago for additional rent making it a 3 story building. Fully occupied with quality tenants in place, this property features a ground-floor retail store with a two-bedroom apartment, two spacious legal two-bedroom apartments on the second floor, and one two-bedroom apartment on the third floor. All units are separately metered with tenants paying their own utilities, maximizing net income. Vacant possession is possible, providing flexibility for investors or future redevelopment. Steps to subway and GO Train stations. Located in a high-growth corridor surrounded by existing and planned developments along Danforth Avenue and Dawes Road. Income-producing redevelopment opportunities of this calibre are rarely offered for sale, making this an exceptional investment with immediate cash flow and long-term upside.
Listing Details
- Taxes (2025)
- $9,063
- Listed
- January 28, 2026
Price History
Property
- Lot Size
- 18.21 x 141.47 Feet
Parking
- Garage
- Covered
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Danforth/ Dawes Rd
- Zoning
- Commercial/ Retail
- Parcel Number
- 104300423
- Possession
- 60-89 days
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 3000 Sq Ft
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area M4C
- Population
- 46,440
- Private dwellings
- 20,553
- Median age
- 40
- Average household size
- 2.4
- Median household income
- $83,000
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 E03 · last 12 months
- Median sold price
- $1,100,000
- Homes sold
- 724
- Median days on market
- 13
- Sale-to-list price
- 103.2%
Based on 724 recorded sales of commercial properties in Toronto E03 over the last 12 months.
Listed by
VERTICAL MARKETING REALTY
Commercial figures
- Building area
- 5,000 sq ft
- Price per sq ft
- $559.98
- Annual property tax
- $9,063
- Tax per sq ft
- $1.81
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?