For Sale

550 Danforth Road, Toronto E04, Ontario M1K 1C6

$2,295,000

550 Danforth Road, Toronto E04, Ontario M1K 1C6 is For Sale and has a listing price of 2,295,000. The property is located in the Toronto E04 . It's been on the website for 2 Days.

  • 3
    Bathrooms
  • MLS ID: E12305402
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

Explore The Unique Opportunity This Free-Standing, Mixed-Use Gem Presents, Built In 2003. The Ground Floor Awaits A Visionary Business, Featuring An Accessible Entrance And Washroom, Plus A Supplementary Washroom And Ample Dedicated Storage In The Basement, Ideal For Commercial Operations. A Discreet Entrance At The Rear Unveils A Charming Basement Apartment, Boasting A 1 Bedroom, 1 Bathroom Layout With A Quaint Living Space And Kitchen, Offering A Cozy Haven Or A Potential Source Of Rental Income. Additional Perks Include A Spacious Double Car Garage And A Versatile Greenhouse Shed, Underscored By Generous Parking Facilities.Enviably Located Near The Serene Raleigh Parkette, Woodrow Park, and St. Clair Ravine, This Property Promises A Blend Of Urban Convenience And Natural Tranquility. Just A Stroll Away From The Scarborough GO Station, It Represents A Perfect Investment For Those Aiming To Harmonize Business Aspirations With A Relaxed Lifestyle Or To Secure Additional Rental Revenue.

Property Details
  • MLS ID: E12305402
  • Bathrooms: 3
  • Price: $2,295,000
  • Lot Depth: 172
  • Transaction Types: For Sale
  • Ref ID: E12305402
  • Year Built: N/A
  • Dir / Cross St: Danforth Rd & Birchmount Ave
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 16-30
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
07/24/2025 E12305402 $2,295,000 For Sale - -
07/24/2025 E12305429 $4,500 For Rent - -
02/25/2025 E11987254 $5,400 For Lease - -
11/11/2024 E10418054 $2,495,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto E04
  • $1,221,930 Average List Price
    based on 1 year
  • 44 New Listings
    based on 30 days
  • 49 Median Days on Market
    based on 1 year
  • List vs. Selling Price 199.6 % Up
  • Sold (12mo) 82
  • Rented (12mo) 131

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 84 Walk Score
    Very Walkable
  • 68 Transit Score
    Good Transit
  • 53 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    65.06%
  • Commercial
    29.71%
  • Condo
    5.23%
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 3
  • Garage Type Double Detached
  • Taxes: $13,299
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 24/07/2025 17:41:31
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