4-bed, 6-bath multi family in Toronto

Active$2,450,000

MLS® Listing#E13142472 · Multi Family

1299 Danforth Avenue, Toronto, ON M4J 1M8

Toronto

Showing 5 of 41 photos

4Beds

6Baths

Description

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.

Full description online — scan the code for the complete listing.

Property information

Property type: Residential Income
Sub-type: Multi Family
Annual taxes (2025): $12,045
Stories: 3
Parcel number: 210330210

Features

Appliances: Water Heater
Cooling: Wall Unit(s)
Heating: Electric · Forced Air
Roof: Flat
Construction: Brick
Basement: Finished

$2,450,000List price

4Beds

6Baths

3Stories

$2,450,000

1299 Danforth Avenue

Toronto, ON M4J 1M8

Active

Your local EXIT Realty office

EXIT Ottawa Valley Realty, BrokeragePembroke, ONCall

Want to see this home?

Your message goes to EXIT Ottawa Valley Realty, Brokerage.

I'd like to (optional)

First name

Last name (optional)

Email address

Phone number (optional)

Message

Consent & Privacy

I have read and agree to the Privacy Policy and Terms of Service.I consent to receive marketing communications from EXIT Ottawa Valley Realty, Brokerage and EXIT Realty, including property updates, market reports, and promotional materials, delivered via email, SMS/text message, and/or telephone (which may use automated technology or prerecorded/artificial voice). Message & data rates may apply. Consent is not a condition of submitting this inquiry. You may opt out at any time by replying STOP to text messages, using the unsubscribe link in emails, or contacting EXIT Realty.

By submitting this form, you consent to being contacted by EXIT Ottawa Valley Realty, Brokerage regarding this specific inquiry using the contact information you provided.

Description

Property Information

Property type: Residential Income
Sub-type: Multi Family
Style: 3-Storey
Stories: 3
Lot dimensions: 17.48x100.0
Parking spaces: 4
MLS^® Listing#: E13142472

Property Features

Appliances: Water Heater
Cooling: Wall Unit(s)
Heating: Electric · Forced Air
Basement: Finished
Pool: None
Construction: Brick
Roof: Flat
Utilities: Cable Available

Financial Details

Annual taxes: $12,045Tax year 2025
Parcel number: 210330210

Directions

Greenwood Subway Station

Information located on this site is from sources believed to be reliable but should not be relied upon without verification. The Ottawa Real Estate Board assumes no responsibility for its accuracy. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.F119

Commute Calculator

Explore commute times from 1299 Danforth Avenue, Toronto, ON M4J 1M8.

View similar homes View nearby homes

$2,499,000
Similar
4 bd, 3 ba
56 Leuty AvenueToronto (The Beaches), ON M4E2R4#E13266030
ActiveMulti Family4 months38 photos
$2,490,000
Similar
5 bd, 3 ba
128 Glen Manor DriveToronto (The Beaches), ON M4E 2X6#E13583970
ActiveMulti Family43 photos
$2,398,000
Similar
4 bd, 3 ba
12 Belsize DriveToronto (Mount Pleasant West), ON M4S 1L4#C13773862
ActiveMulti Family50 photos
$2,499,900
Similar
6 bd, 4.5 ba
34 River StreetToronto (Regent Park), ON M5A3N9#C12791164
ActiveMulti Family7 months50 photos
$1,648,000
Nearby< 0.1 km
4 ba, 1,575 Sq Ft
1331 Danforth AvenueToronto (Greenwood-Coxwell), ON M4J1N1#E13219164
ActiveRetail4 months2 photos
$100,000
Nearby< 0.1 km
1272 Danforth AvenueToronto (Danforth), ON M4J 1M6#E13777890
ActiveBusiness10 photos

Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
56 LEUTY AVENUE, Toronto (The Beaches), ON	$2,499,000	4	3	—
128 GLEN MANOR DRIVE, Toronto (The Beaches), ON	$2,490,000	5	3	—
12 BELSIZE DRIVE, Toronto (Mount Pleasant West), ON	$2,398,000	4	3	—
34 RIVER STREET, Toronto (Regent Park), ON	$2,499,900	6	4.5	—

Connect with a Local Real Estate Expert

Sara Hammer
Sales Representative
EXIT Ottawa Valley Realty, Brokerage
Katie Street
Sales Representative
EXIT Ottawa Valley Realty, Brokerage
Natalie Frodsham
Broker of Record, Franchisee
EXIT Ottawa Valley Realty, Brokerage
Rob Frodsham
Sales Representative
EXIT Ottawa Valley Realty, Brokerage
Stephanie Johnstone
Sales Representative
EXIT Ottawa Valley Realty, Brokerage
Lisa Cundal
Broker
EXIT Ottawa Valley Realty, Brokerage

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association

Data Terms of Use

Terms of Use

This website is operated by EXIT Ottawa Valley Realty, Brokerage, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, EXIT Ottawa Valley Realty, Brokerage, and CREA.

Copyright

The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer

The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments

EXIT Ottawa Valley Realty, Brokerage may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Description

Property Information

Property Features

Financial Details

Directions

Commute Calculator

More homes to consider

56 Leuty AvenueToronto (The Beaches), ON M4E2R4#E13266030

128 Glen Manor DriveToronto (The Beaches), ON M4E 2X6#E13583970

12 Belsize DriveToronto (Mount Pleasant West), ON M4S 1L4#C13773862

34 River StreetToronto (Regent Park), ON M5A3N9#C12791164

1331 Danforth AvenueToronto (Greenwood-Coxwell), ON M4J1N1#E13219164

1272 Danforth AvenueToronto (Danforth), ON M4J 1M6#E13777890

Similar Home Values

Connect with a Local Real Estate Expert

Sara Hammer

Katie Street

Natalie Frodsham

Rob Frodsham

Stephanie Johnstone

Lisa Cundal

More homes to consider

56 Leuty AvenueToronto (The Beaches), ON M4E2R4#E13266030

128 Glen Manor DriveToronto (The Beaches), ON M4E 2X6#E13583970

12 Belsize DriveToronto (Mount Pleasant West), ON M4S 1L4#C13773862

34 River StreetToronto (Regent Park), ON M5A3N9#C12791164

1331 Danforth AvenueToronto (Greenwood-Coxwell), ON M4J1N1#E13219164

1272 Danforth AvenueToronto (Danforth), ON M4J 1M6#E13777890

Similar Home Values