582 Danforth Rd

About this Property

Welcome to 582 Danforth Rd. A rare opportunity to acquire a prominent corner-lot, mixed-use investment property in a high-exposure Danforth Avenue location, offering an attractive 6.00% cap rate and multiple income streams. This well-maintained asset features three fully leased commercial units, one additional flexible-use/storage space, one newly renovated vacant two-bedroom residential apartment ready to be leased at market rent, billboard income, and on-site parking, providing immediate cash flow with excellent upside potential. Positioned in a high-visibility corridor with exceptional pedestrian and vehicle traffic, the property benefits from outstanding street presence and long-standing commercial tenancy. Recent capital improvements include extensive renovations, upgraded electrical service, a new HVAC system, and replacement of all flat roofs within the past five years, reducing future capital expenditures. Offering stable income today, immediate leasing upside, and future redevelopment potential, this is an exceptional opportunity for investors seeking a turnkey, income-producing asset in a prime Toronto location with long-term appreciation potential. Do not approach AAA existing tenants. Information only through listing agent & showings through LA only.

Listing Details

MLS #

E14097196

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Multi-Use

Garage

Visitor

Parking Spaces

1

Heating

Gas Forced Air Closd

Cooling

Y

Lot Size

29.81 × 124.45 ft

Annual Taxes

$10,379/yr

Listed By

UNION REALTY BROKERAGE INC.

Listed On

October 20, 2026