For Sale

508 Danforth Avenue, Toronto E03, Ontario M4K 1P6

$2,350,000

508 Danforth Avenue, Toronto E03, Ontario M4K 1P6 is For Sale and has a listing price of 2,350,000. The property is located in the Toronto E03 . It's been on the website for 60 Days.

  • MLS ID: E11913831
  • Office Name RE/MAX EXCEL REALTY LTD.
Property Description

This property is located on a prime spot on Danforth Ave between Pape Ave and Logan. The building is fully leased and has a retail space on the main floor and an office on the second floor, making it an ideal investment to add to your portfolio. The beautiful exterior facade enhances the property’s overall appeal. Situated in the friendly Playter Estates neighbourhood, this property is surrounded by amenities, including fine dining, boutique shopping, schools, and TTC subway stations. **EXTRAS** This property generates a net Income of $96,761.32. Buyer to assume all Tenants.

Property Details
  • MLS ID: E11913831
  • Price: $2,350,000
  • Lot Depth: 90
  • Transaction Types: For Sale
  • Ref ID: E11913831
  • Year Built: N/A
  • Dir / Cross St: Danforth Ave. / Ferrier Ave.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
01/08/2025 E11913831 $2,350,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto E03
  • $1,362,744 Average List Price
    based on 1 year
  • 77 New Listings
    based on 30 days
  • 50 Median Days on Market
    based on 1 year
  • List vs. Selling Price 108.44 % Up
  • Sold (12mo) 39
  • Rented (12mo) 144

  • 1 Month Change +16.2%
  • 3 Month Change -
  • 6 Month Change -4.5%
Walkscore
  • 97 Walk Score
    Walker's Paradise
  • 88 Transit Score
    Excellent Transit
  • 79 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Y
  • Heating System Y
  • Garage Type Y
  • Parking Spaces: 1
  • Taxes: $31,039
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 08/01/2025 19:56:31
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