For sale 50$1,999,000
173 Danforth Avenue
North Riverdale, Toronto, Ontario M4K1N2
For sale· Added
About this property
Premier investment property in the heart of Toronto's vibrant Danforth Avenue. This rarely available, fully leased mixed use commercial building offers stable income in one of the city's most established and highly sought after neighbourhoods. Situated on a prominent stretch of Danforth with exceptional pedestrian traffic and outstanding visibility, the property is just steps from Broadview Subway Station, minutes to the Don Valley Parkway, and offers quick access to downtown Toronto. The ground floor is occupied by a long established and well regarded bakery that has been serving the local community for well over a decade, providing a strong and dependable retail presence. The fully occupied second floor space (Law Office) has been recently renovated with new skylights, updated flooring, renovated washrooms, and an upgraded HVAC system. Rear parking adds further value and convenience for tenants. This is an outstanding opportunity for investors seeking a turnkey, income producing asset in a high demand location with excellent transit connectivity, a thriving local business community, and strong long term investment potential.
Location
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Property details
Listing
- MLS® number
- E13596554
- Added
- Jul 23, 2026 ()
- Updated
- Jul 23, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
- Building type
- Residential Commercial Mix
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Fireplace
- No
Building
- Parking
- 4 spaces
Land
- Lot size
- Bldg=18.91 x 121 ft
- Zoning
- Commercial
Services
- Water
- Municipal water
Location
- Cross streets
- Danforth & Broadview Ave
Running costs
- Annual property tax
- $28,903
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