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173 Danforth Avenue

173 Danforth Avenue

Toronto E01, ON

  • 2,654 sqft
  • Store W Apt/Office
  • 48 days on market
$1,999,000

Premier investment property in the heart of Toronto's vibrant Danforth Avenue. This rarely available, fully leased mixed use commercial building offers stable income in one of the city's most established and highly sought after neighbourhoods. Situated on a prominent stretch of Danforth with exceptional pedestrian traffic and outstanding visibility, the property is just steps from Broadview Subway Station, minutes to the Don Valley Parkway, and offers quick access to downtown Toronto. The ground floor is occupied by a long established and well regarded bakery that has been serving the local community for well over a decade, providing a strong and dependable retail presence. The fully occupied second floor space (Law Office) has been recently renovated with new skylights, updated flooring, renovated washrooms, and an upgraded HVAC system. Rear parking adds further value and convenience for tenants. This is an outstanding opportunity for investors seeking a turnkey, income producing asset in a high demand location with excellent transit connectivity, a thriving local business community, and strong long term investment potential.

Listing Details

Taxes (2026)
$28,903
Listed
July 23, 2026

Price History

Property

Lot Size
18.91 x 121 Feet

Parking

Garage
Outside/Surface

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Danforth & Broadview Ave
Zoning
Commercial
Parcel Number
210640260
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
1327 Sq Ft

Community

Postal area M4K

Population
30,913
Private dwellings
15,139
Median age
43.2
Average household size
2.2
Median household income
$84,000

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 E01 · last 12 months

Median sold price
$1,180,000
Homes sold
687
Median days on market
9
Sale-to-list price
106.2%

Based on 687 recorded sales of commercial properties in Toronto E01 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
2,654 sq ft
Price per sq ft
$753.20
Annual property tax
$28,903
Tax per sq ft
$10.89

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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