2035-2039 Danforth Av - Storefront Retail/Residential FOR SALE


$3,500,000 CAD
647-864-5251
2035-2039 Danforth Av, Toronto, ON for Sale
$3,500,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | 4.64% Cap Rate

2035-2039 Danforth Av
Toronto, ON M4C 1J8
Woodbine Corridor/Greenwood-Coxwell


HIGHLIGHTS

  • Double Frontage – 37 FT on High-Traffic Danforth Ave.
  • Significant NOI from 5 Residential Units + 2 Fully Leased Retail Tenants.
  • Prime Transit-Oriented Location – Steps to Woodbine Subway Station.

OVERVIEW

2035 & 2039 Danforth Avenue present a rare opportunity to acquire two contiguous mixed-use properties with corner exposure in one of Toronto’s most rapidly evolving urban corridors. Located just steps from both Woodbine and Main Street TTC stations and minutes to Danforth GO, the properties are ideally positioned within a high-traffic, transit-oriented environment primed for sustained growth. The site benefits from dual frontage and sits within a City-designated growth and intensification area, surrounded by active mid-rise development, enhanced public realm plans, and supportive zoning. Both commercial and residential components are currently under-leased, offering immediate income upside through strategic lease renegotiations or repositioning. Whether held for stable cash flow, repositioned for stronger yields, or assembled for future redevelopment, this asset is uniquely suited for investors seeking long-term upside in a gentrifying, transit-connected location.

FOR SALE DETAILS

PRICE

$3,500,000 CAD

PRICE/SF

$482 CAD /SF

CAP RATE

4.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CR

APN/PARCEL ID

190409439001300

ASK ABOUT THIS PROPERTY

Mehrdad AkhlaghiMarcus & MillichapMore Info
647-864-5251

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Mehrdad AkhlaghiMarcus & MillichapMore Info
647-864-5251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.