Incredible income-producing multiplex in a high-traffic location at Danforth & Greenwood-directly across from Greenwood Subway Station! This well-maintained property features two commercial units, including a fully leased restaurant, plus four fully furnished residential apartments (two bachelors and two one-bedroom units), all currently rented. Major renovations have been done including removal of all asbestos. Bonus rooftop billboard brings in additional monthly income under a flexible month-to-month agreement. A rare turnkey investment opportunity in one of Toronto's most vibrant and transit-accessible corridors. Close to shops, parks, schools, and all amenities.
Address
1299 - 1301 Danforth Avenue
List Price
$3,000,000
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
3-Storey
Transaction Type
For Sale
Area
Toronto E01
Sub-Area
Greenwood-Coxwell
Region
Toronto
Bedrooms
2
Bedrooms (Total)
2
Rooms Above Grade
12
Bathrooms
6
Floor Area
2500-3000 Sq. Ft.
Lot Depth
100
Lot Size Units
Feet
Lot Width
17.48
Occupant Type
Tenant
Cross Street
Danforth & Greenwood
MLS® Number
E12373465
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
Finished, Walk-Up
Postal Code
M4J 1M8
Posession Details
TBD
Parking
Available
Parking Places (Total)
4
Tax Amount
$12,048.00
Tax Year
2025
Interior Features
Water Heater
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Electric
Heat Type
Forced Air
Cooling Features
Wall Unit(s)
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Unknown
Garage
No
Garage Type
None
Kitchens Total
5
Kitchens Above Grade
5
Pool Features
None
Roof
Flat
Tax Legal Description
PT LT 1 PL 724 MIDWAY PT 1, 2 & 3, 63R455; T/W & S/T CT6591; CITY OF TORONTO
Waterfront
No
Sewer
Sewer
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