For Sale

588 Danforth Avenue, Toronto E03, Ontario M4K 1R1

$2,495,000

588 Danforth Avenue, Toronto E03, Ontario M4K 1R1 is For Sale and has a listing price of 2,495,000. The property is located in the Toronto E03 . It's been on the website for 69 Days.

  • 5
    Bathrooms
  • MLS ID: E12099566
  • Office Name RE/MAX REALTRON REALTY INC.
Property Description

Investment Property On Danforth Ave. Great Location! Just 1 Block West Of Pape Ave. Franchise Restaurant On The Main Floor, With 5 Office Units On The 2nd Level, Newer Plumbing thru out, Flooring, Electrical, Joists, And More. 5 Washrooms Total, 2 Parking spots at the back. 2 separate Central Air Condition & Heating units for each floor, Great Future Potential With Major Development Project In the Area, Totally Renovated! 40 Ft Extension Added In 2011 On 2 Levels, 2 separate Heated Basements with own washrooms, 400-Amp Power Upgrade. All Units Have Their Own Electrical Panel.

Property Details
  • MLS ID: E12099566
  • Bathrooms: 5
  • Price: $2,495,000
  • Lot Depth: 120
  • Transaction Types: For Sale
  • Ref ID: E12099566
  • Year Built: N/A
  • Dir / Cross St: West Of 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
07/17/2025 E12291728 $2,485,000 For Sale - -
04/23/2025 E12099566 $2,495,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto E03
  • $1,360,211 Average List Price
    based on 1 year
  • 38 New Listings
    based on 30 days
  • 41 Median Days on Market
    based on 1 year
  • List vs. Selling Price 119.08 % Up
  • Sold (12mo) 43
  • Rented (12mo) 189

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 5
  • Garage Type Outside/surface
  • Parking Spaces: 2
  • Taxes: $32,000
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 23/04/2025 19:53:27
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