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1793 Danforth Avenue

1793 Danforth Avenue

Toronto E02, ON

  • 1,413 sqft
  • Land
$1,849,800Price reduced 26%

Everything in it is backed by the documents we reviewed: Rezoned Danforth Development Site with Up to $500,000 VTB Available. A rare zoned mid-rise opportunity on the Danforth, approx. 350 m from Coxwell Station (Line 2) and within a Major Transit Station Area. Zoning By-law 703-2023, passed by Toronto City Council in July 2023, permits a 7-storey mixed-use building of up to 1,475 m2 GFA, with 16 residential units above ground-floor retail. The by-law includes a holding (H) provision tied to servicing confirmation; details in the due diligence package. Years of planning work are already in place. Available materials include the planning and urban design rationale, architectural drawings resubmitted for Site Plan Approval (2022), structural and mechanical drawing sets, an environmental site assessment, a hydrogeological review (2021), a geotechnical investigation, a survey, and a 2025 architectural test fit of an alternative scheme. The site sits on a stretch of the Danforth guided by the City's Danforth Avenue Planning Study and Site and Area Specific Policy 552, which support mid-rise intensification with active retail at grade. Excellent transit access, with Woodbine Station also nearby and bus routes on Coxwell and Woodbine. To help you move quickly, the seller will consider a vendor take-back mortgage of up to $500,000, on terms to be negotiated. Less upfront equity, more capital for design and approvals. Buyer to conduct own due diligence on zoning, holding provision, site plan status, environmental condition and permitted tenure. Reports provided for information only. Contact listing agent for data room access.If the seller confirms in writing that no appeal was filed, you could add "No appeals were filed; the by-law is in force," which is about 50 characters. Before the listing goes live, get the $500K VTB confirmed in writing by the seller.

Listing Details

Taxes (2025)
$20,537
Originally Listed
$2,499,000
Listed
June 22, 2026

Price History

Property

Lot Size
41.03 x 89.88 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Danforth/Woodbine
Zoning
Commercial
Parcel Number
210290137
Possession
Flexible
Occupancy
Owner

Included

Inclusions
All the douments.This is a Major Transit Station Area. Coxwell subway is a five-minute walk away. The demographic surrounding this site is exactly who you want renting your units: young professionals, university-educated, high household incomes, people who actively choose walkable, transit-connected living over a car-dependent suburb. They are already living next door. They are already lining up to move to the Danforth. You just need to give them somewhere to land. A respected architecture firm has already test-fit the site and proven the massing works - ten well-proportioned two-bedroom units, an efficient 3.71 FSI, a building that pencils on paper before you've spent a dollar of your own design budget.
Exclusions
The question isn't whether this site will work. The zoning, the engineering, and the location have already proven that it will. The only question left is whether you're going to be the one who builds it - or whether you're going to watch someone else break ground here instead.

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 E02 · last 12 months

Median sold price
$1,212,750
Homes sold
522
Median days on market
10
Sale-to-list price
105.0%

Based on 522 recorded sales of commercial properties in Toronto E02 over the last 12 months.

Listed by

HARVEY KALLES REAL ESTATE LTD.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
15,209 sq ft
Price per sq ft
$121.62
Annual property tax
$20,537
Tax per sq ft
$1.35

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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