582 Danforth Road, Toronto E04, ON M1K 1E3
Toronto E04 , M1K 1E3
$1,273,000.00
2616 Square Feet
Commercial
Property Details
| MLS Number | E13468194 |
| Property Type | Commercial |
| City | Toronto E04 |
| City Region | Clairlea-Birchmount |
| Postal Code | M1K 1E3 |
| Cross Street | Kennedy & Danforth |
| Street Number | 582 |
| Street Name | Danforth |
| Lot Width | 29.81 ft |
| Lot Depth | 124.45 ft |
| Building Area | 2616 Square Feet |
| Annual Tax | $10,379.19 |
| Utilities | None |
| Occupant Type | Partial |
Description
Welcome to 582 Danforth Avenue. Rare opportunity to acquire a prominent corner lot mixed-use investment property in a high exposure Danforth Avenue location. Featuring three commercial units, one additional flexible-use space, one residential unit, and billboard income, this property offers multiple revenue streams with future growth potential. Positioned in a high visibility location with strong pedestrian and vehicle traffic, the property benefits from excellent street presence and exposure. Recent improvements include new flat roofs on both levels, a new HVAC system, and updated electrical service. Additional features include on-site parking and flexible commercial spaces suitable for a variety of uses.An excellent opportunity for investors seeking a well-located income-producing asset with stable revenue streams and potential for future expansion.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads