588 Danforth Avenue, Toronto E03, Ontario M4K 1R1 is For Sale and has a listing price of 2,485,000. The property is located in the Toronto E03 . It's been on the website for 9 Days.
Rarely offered gem on Danforth Ave + Completely rebuilt in 2011 with a 40 ft extension added in 2011 + Foundation underpinned and waterproofed (to the existing structure and extension) offering 7 ft ceiling height in the basement + Total 400 amp power upgrade + New sump pump; bone dry basement + All sewer pipes, drains, joists, electrical wiring, roof, foundation were all redone in 2011 + Property is built to code with original drawings available + Immaculate condition + Remarkable 120 ft deep lot 1. GROUND FLOOR FEATURES: Main entrance on Danforth Ave + Walk-in freezer, commercial range hood, 9-foot ceilings, HRV ventilation system, 2 egress (front and back), 200 amps, access to lower level (two washrooms), and ample storage in the basement 2. UPPER LEVEL FEATURES: Main door entrance on Danforth Ave, 5 separate offices, 8 ft ceiling, separately rented, hardwood floor throughout (in pristine condition), 3-pc washroom in hallway, 2-pc washroom in the unit facing Danforth Ave, potential to convert into apartment suites (rough-in is in place), fire rated doors, 2 skylights in the hallway pouring with natural sunlight, 2 egress (front and back), 200 amps, 4 portable AC units (in addition to CAC), pot lights throughout, smooth ceilings and baseboard heating in each office 3. BASEMENT FEATURES: 2 separate basements partially finished (separate entrance); over 1000 sq ft of additional space and 7 ft height clearance (rare) + ADDITIONAL HIGHLIGHTS: 6 individual meters for hydro, central AC x 3 (2 on the main level and 1 upstairs), HRV x 2, sump pump, total of 4 washrooms with a rough-in to accommodate a 5th washroom, newer roof, newer furnace, 2 private parking spots, all HVAC and HRV systems are owned, no rental items! Steps to the subway and the future Ontario Line and new condo developments. Incredible opportunity!
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
07/17/2025 | E12291728 | $2,485,000 | For Sale | - | - |
04/23/2025 | E12099566 | $2,495,000 | For Sale | - | - |