1299 Danforth Avenue — photo 1For sale

I don't have enough recent comparable sales to call this one's price, but 111 days on market. Here's everything I've got on it — ask me anything.

Toronto · Toronto Region · Greenwood-Coxwell

1299 Danforth Avenue

Multiplex

MLS® #E13142472

Listed for$2,450,000111 days on market
4 bed 6 bath 4 parking 2500-3000 sq ft~$891/sq ft
  • 111 days on market
  • 16 schools within 1 km
  • Transit stop ~20 m
Free · about 10 seconds

Is $2,450,000 a fair price?

See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.

No obligation · unsubscribe anytime
Est. all-in monthly~$12,403/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

Loading map…
This home below comps above in lineOpen full map →

16 schools within ~1 km · nearest transit stop ~0.02 km

Property information
What house buyers ask first
Lot size
17.48 × 100 ft
Square footage
2500-3000 sq ft
Property tax
$12,045 / yr
Parking
4 spaces · None
Basement
Finished, Walk-Up

Property summary

Property type
Multiplex
Style
3-Storey
Lot size
17.48 × 100 ft
Parking
4 spaces · None
Heating
Forced Air
Air conditioning
Wall Unit(s)
Basement
Finished, Walk-Up
Kitchens
5
Exterior
Brick
Property tax
$12,045 / yr
MLS®
E13142472

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

362 Highfield RoadSemi-Detached

$990,000

In line with recent sales

362 Highfield Road

3+2 bed · 2 bath·1100-1500 sq ft·2 parking

Toronto

Listed 2 days ago · HC Realty Group Inc.

16 Queensdale AvenueSemi-Detached

$698,000

16 Queensdale Avenue

2 bed · 2 bath·< 700 sq ft

Toronto

Listed 3 days ago · RE/MAX Hallmark Realty Ltd.

  • Listing states: renovated
The numbers that matter
The numbers that matter
Property tax
$12,045/yr
Est. all-in
~$12,403/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

  • Greenwood Secondary SchoolPublic · Secondary · Toronto DSB0.1 km
  • School of Life ExperiencePublic · Secondary · Toronto DSB0.1 km
  • Danforth Collegiate Institute and Technical SchoolPublic · Secondary · Toronto DSB0.4 km
  • St Patrick Catholic Secondary SchoolCatholic · Secondary · Toronto CDSB0.4 km
  • Madinah Islamic SchoolPrivate · Elementary & Secondary · ..0.5 km
  • École élémentaire La MosaïquePublic · Elementary · French · CS Viamonde0.6 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • Linnsmore CrescentNearest transit · Bus stop~20 m
  • Linnsmore CrescentNearest subway · Subway~90 m
  • DanforthNearest GO / rail · GO / regional rail~2.4 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto
$763KMedian sold
31Median days on market
98.7%Sale-to-list
Median sold price · Toronto1-yr -11% · 3-yr —
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details

Welcome to 1299 and 1301 Danforth Ave .This corner property is a rare turnkey investment opportunity offering strong cash flow with great cap rate in one of Toronto's most vibrant and transit-oriented corridors, directly across from Toronto Subway Greenwood Station. Close to 400K spend in renovation during past recent year to upgrade and improve the building and property is currently in excellent shape without requiring any budget for improvement. This fully income-producing mixed-use property features a prominent ground-floor commercial space with basement level occupied by an established restaurant tenant, along with an additional private office area in the basement ideal for owner use, professional office space, or potential supplementary income. The property also includes four fully furnished residential apartments comprised of two bachelor suites and two one-bedroom units, all currently leased and generating stable rental income. An additional rooftop billboard lease provides bonus monthly income under a flexible month-to-month agreement. Surrounded by thriving retail, restaurants, parks, schools, and everyday amenities, this exceptional asset combines immediate income stability, future upside potential, and outstanding exposure in the heart of the Danforth.Please ask the listing agent for full financials.Recent upgrades :New roof,New Heat pumps,New professional hood for restaurant, updated bathrooms,Meters are currently not separated but fees have been paid to Hydro for separate meters to be installed.New Flat Roof 2023,New Windows 2024,New Balcony Roof 2026.Property has been updated and renovated based on City codes fro commercial property and is an ideal hassle free investment property.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX REALTRON REALTY INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.