1299 Danforth Avenue

ActiveRiverdale / Leslieville · Greenwood-Coxwell79 days on marketMLS® E13142472

$2,450,000

$980 / sq ft

Bedrooms4

Bathrooms6

Interior2,500 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market79

About this property

Welcome to 1299 and 1301 Danforth Ave .This corner property is a rare turnkey investment opportunity offering strong cash flow with great cap rate in one of Toronto's most vibrant and transit-oriented corridors, directly across from Toronto Subway Greenwood Station. Close to 400K spend in renovation during past recent year to upgrade and improve the building and property is currently in excellent shape without requiring any budget for improvement. This fully income-producing mixed-use property features a prominent ground-floor commercial space with basement level occupied by an established restaurant tenant, along with an additional private office area in the basement ideal for owner use, professional office space, or potential supplementary income. The property also includes four fully furnished residential apartments comprised of two bachelor suites and two one-bedroom units, all currently leased and generating stable rental income. An additional rooftop billboard lease provides bonus monthly income under a flexible month-to-month agreement. Surrounded by thriving retail, restaurants, parks, schools, and everyday amenities, this exceptional asset combines immediate income stability, future upside potential, and outstanding exposure in the heart of the Danforth.Please ask the listing agent for full financials.Recent upgrades :New roof,New Heat pumps,New professional hood for restaurant, updated bathrooms,Meters are currently not separated but fees have been paid to Hydro for separate meters to be installed.New Flat Roof 2023,New Windows 2024,New Balcony Roof 2026.Property has been updated and renovated based on City codes fro commercial property and is an ideal hassle free investment property.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	E13142472
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,500 sq ft
Beds / Baths	4 bed · 6 bath
Neighbourhood	Greenwood-Coxwell
City	Riverdale / Leslieville
Postal Code	M4J 1M8
Province	ON
Listed Date	May 19, 2026
Days on Market	79
Price per Sq Ft	$980
Brokerage	RE/MAX REALTRON REALTY INC.