1299 Danforth AVE, Toronto E01, ON M4J 1M8
1299 Danforth AVE, Toronto E01, ON M4J 1M8
1299 Danforth AVE, Toronto E01, ON M4J 1M8
1299 Danforth AVE, Toronto E01, ON M4J 1M8
1299 Danforth AVE, Toronto E01, ON M4J 1M8
1299 Danforth AVE, Toronto E01, ON M4J 1M8
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Nickolay Carrera Campoverde

Nickolay Carrera Campoverde

+1(437) 660-5487
$ 2,450,000
Est. payment | /mo

4 Beds

6 Baths

Save
$ 2,450,000
Est. payment | /mo
Save

4 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Municipality Toronto E01

Subdivision Greenwood-Coxwell

MLS Listing ID E13142472

Style 3-Storey

Bedrooms 4

Annual Tax Amount $12,045

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Toronto

Community Toronto E01

Area Toronto

Rooms

Family Room No

Basement Finished, Walk-Up

Kitchen 5

Interior

Interior Features Water Heater

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Available

Pool None

Roof Type Flat

Lot Frontage 17.48

Lot Depth 100.0

Total Parking Spaces 4

Building

Foundation Unknown

Others

ParcelsYN No

Listed by RE/MAX REALTRON REALTY INC.

Homes Near By (5km Radius)

Quick Home Search
 

Go tour this home

1299 Danforth AVE

Virtual Coffee

Sit down with us over a virtual coffee and walk through those “probably-too-early-to-ask” questions. Think out loud, explore scenarios, and get a professional take on what your options might look like.

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Nickolay Carrera Campoverde, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.