Address withheld, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Playter Estates-Danforth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,295,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 5 Bathrooms
- Premium 16 x 120 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Turn-key investment opportunity on Danforth Avenue, just one block west of Pape Avenue in the heart of Toronto's vibrant Danforth community. This fully renovated and extended three-level commercial building (with an approximately 37 ft addition completed in 2011) offers a stable, income-generating opportunity with excellent long-term tenants. The main floor features a franchise restaurant with a strong lease in place with 2 extensions, where the tenant pays for property taxes, insurance, utilities, and maintenance, with the owner covering a modest balance of approximately $1,000 per month. The upper level is occupied by reputable professional businesses, contributing to a polished, business-friendly atmosphere. The property has been upgraded throughout, including a 400 AMP / 3-phase hydro service with complete rewiring of the entire building, There are two separate heated basements each with its own washroom, individual electrical panels for each unit, a new plumbing system installed for the entire building with new APEX water lines, new fixtures & New Drains., new floor joists & subfloors on the entire second floor, with installed & insulated with fire proof & sound proof insulation. Additional highlights include two central air conditioning and heating systems (one per floor), a total of five washrooms, and two parking spaces at the rear. A truly turn-key property requiring no repairs, ideally suited for investors seeking a prime commercial asset in a high-traffic, high-visibility Danforth location.
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Property Summary
This store w apt/office located at 588 Danforth Avenue, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $2,295,000 with an estimated mortgage of $7,639* per month. It has 0 beds, 5 bathrooms, and is unknown square feet. 588 Danforth Avenue, Toronto is in the Playter Estates-Danforth neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Playter Estates-Danforth, Toronto.
- •5 well-appointed bathrooms
- •Desirable Store W Apt/Office architecture in Playter Estates-Danforth, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
- Public Transit
- Subways
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this store w apt/office at Address withheld, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $7,639*/month*. Estimated Ontario Land Transfer Tax: $87,700. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about Address withheld, Toronto, ON
Q.What is the asking price for Address withheld, Toronto, ON?
The current listing price for Address withheld, Toronto, ON in Playter Estates-Danforth, Toronto is $2,295,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 5 bathrooms.
Q.What property type and architectural style is Address withheld, Toronto, ON?
Address withheld, Toronto, ON is a Store W Apt/Office () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit, Subways.
Q.What security features are installed at Address withheld, Toronto, ON?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Playter Estates-Danforth, Toronto
110 assaults (1306.1/100k)
41 B&E (486.8/100k)
17 thefts (201.8/100k)
Stable vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 588 Danforth Avenue, Toronto, ON M4K 1R1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,295,000 in Toronto, the legal minimum down payment is $459,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $43,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,850 also applies, bringing the total estimated land transfer taxes to $87,700.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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