For Sale

721 Danforth Avenue, Toronto E01, Ontario M4J 1L2

$0

721 Danforth Avenue, Toronto E01, Ontario M4J 1L2 is For Sale and has a listing price of 2,500,000. The property is located in the North Riverdale neighbourhood . It's been on the website for 38 Days.

  • MLS ID: E12340345
  • Office Name RE/MAX CONDOS PLUS CORPORATION
Property Description

We Are Excited To Present This Exceptional Investment Opportunity, Featuring A Commercial Unit Of Approximately 1,420 Sqft, Complemented By An Underground Space Of About 789 Sqft, Currently Leased To A AAA Tenant, Ensuring A Stable Income Stream. Additionally, There Are Four Newer Residential Apartments, Each Around 700 Sqft, Boasting One Bedroom Plus A Den And 1.5 Baths, With The Separate Dens Providing Added Flexibility And Appeal, Which Enhances Tenant Desirability. All Units Are Separately Metered For Gas And Electricity, Significantly Reducing Administrative Costs. The Property Includes Heating And AC, Along With One Surface Parking Space Dedicated To The Commercial Tenant, Ensuring Convenience And Satisfaction. Its Prime Location Near Pape Subway Station Positions The Property For Long-Term Growth, Particularly With Its Future Hub Status Connecting Major Areas. The Increased Demand In The Region, Coupled With The Proposed Development Project Across The Street, Further Enhances Appreciation Potential. Lastly, Close Proximity To Toronto’s Finest Restaurants And Bars Adds To The Property’s Appeal, Making It Attractive To Both Current Tenants And Prospective Buyers. This Opportunity Combines Solid Investment Fundamentals With The Promise Of Future Growth, So Dont Miss Your Chance To Capitalize On This Prime Asset In A Thriving Area!

Property Details
  • MLS ID: E12340345
  • Price: $2,500,000
  • Lot Depth: 110.42
  • Transaction Types: For Sale
  • Ref ID: E12340345
  • Year Built: N/A
  • Dir / Cross St: Danforth/Pape
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
08/12/2025 E12340345 $2,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
North Riverdale
  • $1,490,960 Average List Price
    based on 1 year
  • 70 New Listings
    based on 30 days
  • 17 Median Days on Market
    based on 1 year
  • List vs. Selling Price 9.09 % Below
  • Sold (12mo) 96
  • Rented (12mo) 73

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    69.25%
  • Commercial
    20.33%
  • Condo
    10.42%
Additional Details
  • Heat Type Y
  • Garage Type Lane
  • Taxes: $17,964
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 12/08/2025 19:24:23
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