561-563 DANFORTH ROAD
Toronto · M1K1E1
$1,799,900
About this residence
Outstanding investment opportunity in a high -demand Scarborough location. Large Purpose-built 6 plex on a wide double driveway lot. Offering 4 spacious 2-bedroom suites and two bright 1-bedroom units. over 6,300 sq ft in total including basement Source: Floorplans). Separately metered for hydro with two high-efficiency furnaces, ample surface parking, and strong rental upside. Close to transit, shopping, and future growth corridors. Ideal for investors or owner-operators seeking sold income with long-term appreciation potential. New front and side entry doors, new roof. Financials and floor plans are on attachments. Tenants to be assumed, no vacant possession (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Bedrooms
- 13
- Bathrooms
- 2
- Living area
- 12,508 sq ft
- Lot size
- 107.29 x 126.92 FT
- Frontage
- 107.3 feet
- Parking
- 9 spaces
- Annual tax
- $9,351
- MLS®
- E12472712
- Board
- Toronto
- Status
- Inactive
- Listed
- Oct 20, 2025
- Updated
- Oct 26, 2025
Features & finishes
Heating
- Forced air
- Natural gas
Financing
Estimated monthly payment
$8,418/mo
Loan amount
$1,439,920
Down payment
$359,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · M1K- 48,175
- Population
- 40
- Median age
- $72,500
- Median income
- $800,000
- Median home value
- 50%
- Home ownership
- 38 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 561-563 DANFORTH ROAD?
561-563 DANFORTH ROAD is listed for $1,799,900, in Toronto.
How many bedrooms and bathrooms does 561-563 DANFORTH ROAD have?
It offers 13 bedrooms and 2 bathrooms.
What type of home is 561-563 DANFORTH ROAD?
561-563 DANFORTH ROAD is a Multi-family, Multi-Family.
How large is 561-563 DANFORTH ROAD?
The home offers approximately 12,508 sq ft of living space on a lot measuring 107.29 x 126.92 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 $8,418. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $9,351 per year.
Is there parking?
Yes — 561-563 DANFORTH ROAD includes 9 parking spaces.
What is the Toronto area like?
Toronto has a population of about 48,175, a median age of 40, a 50% home-ownership rate, with an average commute of about 38 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $800,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $72,500.
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