1299 - 1301 DANFORTH AVENUE
Toronto · M4J1M8
$3,000,000
About this residence
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 done over the years including asbestos removal. 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. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Lot size
- 17.48 x 100 FT
- Frontage
- 17.5 feet
- Parking
- 4 spaces
- Annual tax
- $12,048
- MLS®
- E12373477
- Board
- Toronto
- Status
- Inactive
- Listed
- Sep 2, 2025
- Updated
- Sep 18, 2025
Features & finishes
Appliances
- Microwave
- Window Coverings
- Water Heater
Heating
- Forced air
- Electric
Cooling
- Fully air conditioned
Financing
Estimated monthly payment
$14,030/mo
Loan amount
$2,400,000
Down payment
$600,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · M4J- 35,128
- Population
- 42
- Median age
- $93,000
- Median income
- $1,100,000
- Median home value
- 62%
- Home ownership
- 31 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1299 - 1301 DANFORTH AVENUE?
1299 - 1301 DANFORTH AVENUE is listed for $3,000,000, in Toronto.
What type of home is 1299 - 1301 DANFORTH AVENUE?
1299 - 1301 DANFORTH AVENUE is a Multi-family, Multi-Family.
How large is 1299 - 1301 DANFORTH AVENUE?
The home offers a lot measuring 17.48 x 100 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $14,030. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $12,048 per year.
Is there parking?
Yes — 1299 - 1301 DANFORTH AVENUE includes 4 parking spaces.
What is the Toronto area like?
Toronto has a population of about 35,128, a median age of 42, a 62% home-ownership rate, with an average commute of about 31 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $1,100,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $93,000.
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